Bourse

Home page

Bourse

Placement of next bulk of AMF's bonds starts

22 April 2015 07:40 (UTC +04:00)

Baku. Musa Ahmadov – APA-Economics. On 24 April, next auction on placement of interest-bearing, book-entry, secured bonds of “Azerbaijan Mortgage Fund” (AMF) will be held at the Baku Stock Exchange (BSE).

BSE told APA-Economics that the volume of issue will be 3,000,000 AZN. According to the prospectus, the placement will be held through public offering at Baku Stock Exchange CJSC. The bonds will be offered at price of 100,8417 % .

The maturity date is November 21, 2024. In case the orders exceed offering, all of the orders will be fulfilled proportionally.

The Central Bank of the Republic of Azerbaijan is the organizer of bonds’ initial placement.