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AMF places next part of bonds

Business Materials 20 September 2011 16:25
On September 22, 2011 next auction on placement interest-bearing registered secured bonds of "Azerbaijan Mortgage Fund" (AMF) will be held at the Baku Stock Exchange (BSE).
AMF places next part of bonds

Azerbaijan, Baku, Sept. 20 / Trend N. Ismayilova /

On September 22, 2011 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 100.5667 percent.

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

Central Bank of Azerbaijan Republic is the initial organizer of bonds' placement.

The official exchange rate is 0.7866 manat to $1.

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