Bank Of Baku

Azerbaijan Mortgage Fund’s first issue of mortgage bonds registered

Azerbaijan Mortgage Fund’s first issue of mortgage bonds registered
# 01 June 2009 15:58 (UTC +04:00)
Baku. Nijat Mustafayev - APA-Economics. Azerbaijan’s State Committee for Securities has registered the issue prospectus of book-entry ordinary bonds.

The face value per bond is AZN 1 000 and total amount is AZN 55 million.
In general, the bonds will refinance the mortgage and its sustainability.

Mortgage bonds are believed to take a catalytic role.
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