Baku. Musa Ahmadov - APA-Economics. As of October 1, 2014, the mortgage lending through Azerbaijan Mortgage Fund made AZN 78.6 mln, down 4.1% or AZN 3.4 mln from previous year.
AMF told APA-Economics that the state budget allocated AZN 20 mln to the AMF in September.
In January-September, AMF refinanced AZN 94.4 mln.
The Fund did not place bonds this month.
Regarding AMF’s mortgage portfolio, as of October 1, 2014, the authorized credit organizations gave AZN 40,031.4 with the average period of 278 months, average interest rate 6.82% and monthly payment AZN 318.8.
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