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Mortgage and Credit Guarantee Fund issues AZN 25M bond


On February 1 an auction on placement of book-entry, interest bearing mortgage bonds of Mortgage and Credit Guarantee Fund with the volume of AZN 25 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 1,004.58.

 

The Financial Markets Supervisory Authority registered emission prospectus of AMF’s bonds on November 10, 2017. The volume of the issue makes up AZN 50 million, face value AZN 1,000 and interest rate 3%.

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