Public mortgage bonds worth AZN 55 million expected for flotation

Public mortgage bonds worth AZN 55 million expected for flotation
# 04 August 2009 16:46 (UTC +04:00)
Baku. Nijat Mustafayev - APA-Economics. The first issuance of public mortgage bonds are expected to be completely placed by this year’s end, said Rufat Aslanly, the Chairman of the State Committee on Securities.

According to him, the first issue of the mortgage bonds is AZN 55 million, of which about AZN 20 million have already been placed.

He added that mortgage bonds are mostly bought by national stock market players.
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