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Azerbaijan's National Depository Center unveils amount of coupon payments

Finance Materials 11 April 2022 17:56 (UTC +04:00)
Azerbaijan's National Depository Center unveils amount of coupon payments
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, April 11. The National Depository Center (NDC) of Azerbaijan has revealed the amount of coupon payments on public securities and corporate bonds in March 2022, Trend reports citing the center.

In the reporting month, the NDC paid 59.3 million manat ($34.9 million) and $21.9 million (a total of 96.53 million manat) to 153 investors, up by 7.3 percent compared to the same period in 2021.

Payments were made on bonds of Azerbaijan's Ministry of Finance, PASHA Bank Turkey, Unibank OJSC, AzerGold CJSC, Non-Bank Credit Organization (NBCO) Embafinans CJSC, NBCO TBC Kredit LLC, and Ferrum Capital LLC.

In March 2022, the National Depository Center, as a paying agent, made coupon payments in the amount of 52.4 million manat ($30.8 million) and $22.1 million to a total of 118 investors.

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