Azerbaijan Mortgage Fund places next bulk of bonds

On August 09, 2010 next auction on placement interest-bearing registered unsecured bonds of Azerbaijan Mortgage Fund (AMF) will be held at the Baku Stock Exchange (BSE), BSE reported on August 5. The amount of offering will be 5,000,000 manat. According to the prospectus the offering will be held through public offering at Baku Stock Exchange CJSC. The bonds will be offered at a price of 102.1293.

The maturity date is December 11, 2019. 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 persons willing to buy these bonds may apply to the licensed and BSE-member organizations.


/Trend/