First auction on Azerbaijani Mortgage Fund's bond placing held

The initial volume of bonds, presented for auction, made AZN 15 mln.

The overall volume of appeals, presented by 8 investors, made AZN 21,991,000.

In the result the whole volume of investments, presented for auction, has been placed.

The prospect of bonds issuance was registered by the state committee on equities on May 29 of 2009. The overall emission volume makes AZN 55 mln, nominal price of bonds is AZN 1,000, annual interest rate set at 3%. The date of bonds repayment is May 10 of 2016.

The prospect of bonds emission is posted at the "Issuers" section on the website of the Baku Stock Exchange.

/Day.Az/