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Azerbaijan: demand in mortgage bonds double increase against supply

Business Materials 28 November 2011 18:58 (UTC +04:00)
The demand in bonds of the Azerbaijani Mortgage Fund (AMF) was more than a double increase against the supply at an auction today, the AMF reported on Monday.
Azerbaijan: demand in mortgage bonds double increase against supply

Azerbaijan, Baku, November 28 / Trend, N. Ismailova /

The demand in bonds of the Azerbaijani Mortgage Fund (AMF) was more than a double increase against the supply at an auction today, the AMF reported on Monday.

Another issue of AMF interest undocumented secured registered bonds in the amount of 3 million manat was registered at the Baku Stock Exchange.

Applications to the auction had been submitted by four investors for the total amount of 6.34 million manat according to the nominal value. The whole volume of bonds put for sale was placed. The applications were submitted according to the current price.

The deadline for repayment of bonds is August 28, 2018.

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