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Placement of additional bulk of AMF's bonds starts

Business Materials 28 January 2011 11:43
On Jan.31, 2010 next auction on placement interest-bearing registered secured bonds of "Azerbaijan Mortgage Fund" (AMF) will be held at the Baku Stock Exchange (BSE).
Placement of additional bulk of AMF's bonds starts

Azerbaijan, Baku, Jan. 28 / Trend /

On Jan.31, 2010 next auction on placement interest-bearing registered secured bonds of "Azerbaijan Mortgage Fund" (AMF) will be held at the Baku Stock Exchange (BSE).

The volume of offering will be 3 million manat. According to the prospectus the offering will be held through public offering at Baku Stock Exchange CJSC. The bonds will be offered at price of 100.1167.

The maturity date is Dec. 11, 2017. In case the orders exceed offering, all of the orders will be filled proportionally.

The Central Bank of Azerbaijan (CBA) is the initial organizer of bonds' placement.

The official exchange rate is 0.7969 manat to $ 1 Jan. 28.

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