BAKU, Azerbaijan, June 30. The Baku Stock Exchange (BSE) hosted an auction on the bond placement of Azerbaijan's Mortgage and Credit Guarantee Fund in the amount of 25 million manat ($14.7 million) with a circulation period of 7,200 days on June 30, Trend reports citing the BSE.
According to the BSE, one investor submitted one bid during the auction. The overall amount of bids at nominal prices amounted to 25 million manat ($14.7 million), while the volume of placements also totaled 25 million manat ($14.7 million).
The maturity date of bonds is March 17, 2042.