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Azerbaijan places first part of third emission of mortgage bonds

Business Materials 17 January 2011 17:49 (UTC +04:00)
On January 17, 2011 the auction of interest-bearing registered secured bonds of Azerbaijan Mortgage Fund (AMF) in amount of 10,000,000 manat was conducted in Baku Stock Exchange (BSE).
Azerbaijan places first part of third emission of mortgage bonds

Azerbaijan, Baku, Jan. 17 / Trend N. Ismayilova /

On January 17, 2011 the auction of interest-bearing registered secured bonds of Azerbaijan Mortgage Fund (AMF) in amount of 10,000,000 manat was conducted in Baku Stock Exchange (BSE).

The orders were received from 4 investors in total amount of 24,085,000 manat.

The offering was fully placed at current price of 100.00 percent.

The maturity date of bonds is December 11, 2017.

The official exchange rate is 0.7974 manat to $1.

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