Bank Of Baku

Placement of additional bulk of the AMF’s bonds starts

Placement of additional bulk of the AMF’s bonds starts
# 01 June 2011 14:23 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. On June 02, 2011 next auction on placement interest-bearing registered secured bonds of “Azerbaijan Mortgage Fund” (AMF) will be held at the Baku Stock Exchange (BSE).

The volume of offering will be 3 000,000 AZN. According to the prospectus the offering will be held through public offering at Baku Stock Exchange CJSC. The bonds will be offered at price of 101.1333%.

The maturity date is December 11, 2017. In case the orders exceed offering, all of the orders will be filled proportionally.

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

The prospectus of the placement can be found in “Issuers” section of BSE web-site (www.bfb.az).
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THE OPERATION IS BEING PERFORMED