Azerbaijan, Baku, Nov. 1 / Trend , N.Ismayilova /
The demand for bonds on the Azerbaijan Mortgage Fund (AMF) has exceeded supply by more than 12 percent at the last auction held on Tuesday, the fund reported on Tuesday.
The Baku Stock Exchange held the regular placement of the issue of interest-bearing book-entry registered secured bonds of the AMF in the amount of 5 million manat.
Applications for the auction were presented by four investors for a total 5.601 million manat at face value. The entire volume of bonds offered for sale was placed in full. Orders were presented at the current price.
The maturity date is determined on August 28, 2018.
The State Securities Committee of Azerbaijan registered the fourth issue of interest-bearing secured bonds of AMF in the amount of 20 million manat in September.