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Azerbaijan Mortgage and Credit Guarantee Fund pays interest on bonds

Finance Materials 13 April 2022 09:29 (UTC +04:00)
Azerbaijan Mortgage and Credit Guarantee Fund pays interest on bonds
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, April 13. Azerbaijan Mortgage and Credit Guarantee Fund made regular payment of interest on bonds on April 11, Trend reports with reference to Baku Stock Exchange (BSE).

According to the fund bond prospectus, in addition to the interest payment on the bond payment date, a certain part of the nominal residual value of the securities is paid, which is equal to the share of the principal debt payments on the assets included in the mortgage coverage.

Amount of balance at face value of bonds was 969 manat ($570). Interest income in the amount of three percent will be calculated based on this amount with regular payments.

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