On February 17, an auction on placement of issue of interest-bearing, book-entry, bonds of Azerbaijan Mortgage Fund will be held at Baku Stock Exchange (BSE).
BSE says AZN 20 million will be put up to sale and orders were submitted at the price of 1001.75%.
The volume of the issue is AZN 50 mln, circulation period – 3,600 days, YTM – 3%, interest payment date – 180 days, maturity date – December 21, 2023.
The Financial Markets Supervisory Authority (FIMSA) registered emission prospectus of interest-bearing, book-entry, bonds of Azerbaijan Mortgage Fund on November 21, 2016. Volume of the issue is AZN 50 million, face value – AZN 1,000, interest rate – 3%.
The placement will be held in public offering at BSE.
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