...

Azerbaijan's Mortgage and Credit Guarantee Fund makes regular payments of interest on bonds

Finance Materials 14 June 2022 13:28 (UTC +04:00)
Azerbaijan's Mortgage and Credit Guarantee Fund makes regular payments of interest on bonds
Kamran Gasimov
Kamran Gasimov
Read more

BAKU, Azerbaijan, June 14. The Mortgage and Credit Guarantee Fund of the Republic of Azerbaijan has made regular payments of interest on bonds, Trend reports referring to the Baku Stock Exchange (BSE).

According to the Fund bond prospectus, a certain part of the nominal residual value of the securities, which is equal to the principal debt payments on the mortgage coverage assets, is paid along with the interest payment on the bond payment date.

On June 13, the issuer made another payment of interest on the bonds. Proceeding from this, the amount of balance at par value of the said bonds was 973.61 manat ($572.71). Thus, interest income in the amount of three percent will be calculated based on this amount.

Tags:
Latest

Latest