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Mortgage and Credit Guarantee Fund issues AZN 20M bond


On May 17 an auction on placement of book-entry, interest bearing mortgage bonds of Mortgage and Credit Guarantee Fund with the volume of AZN 20 million will be held at Baku Stock Exchange.

 

The Fund told APA-Economics the bonds will be put up for sale in the price of AZN 1,002.3.333.

 

The interest rate makes up 3%. Circulation period is 23 years. 

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