Azernews.Az

Sunday July 6 2025

Azerbaijani mortgage fund to auction manat bonds

15 March 2019 12:44 (UTC+04:00)
Azerbaijani mortgage fund to auction manat bonds

By Trend

An auction for placement of registered interest-bearing mortgage bonds of the Azerbaijan Mortgage and Credit Guarantee Fund, worth 20 million manats, will be held at the Baku Stock Exchange (BSE) on March 15, Trend reports referring to the BSE.

The nominal value of each bond is 1,000 manats. The bonds will be put up for sale at the price of 1,008.8333 manats and at an annual rate of 3 percent.

The turnover of bonds is 23 years (8,280 days).

Interest income will be paid every six months.

PSG Kapital is the underwriter of the placement.

(1 USD = 1.7 AZN on March 14)

---

Follow us on Twitter @AzerNewsAz

Here we are to serve you with news right now. It does not cost much, but worth your attention.

Choose to support open, independent, quality journalism and subscribe on a monthly basis.

By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.

Subscribe

You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper

Thank you!

Loading...
Latest See more