AMF announces about next placement of bonds

The auction on placing the next interest-bearing nominal bonds of the Azerbaijan Mortgage Fund (AMF) under the Central Bank to the amount of 3 million manat will be held on March 29, AMF said.

According to the information, the placement will be conducted by public subscription. The bonds will be presented for auction at a price - 100.5917.

The maturity date is defined on December 11, 2017. If the demand exceeds supply, all orders will be ensured proportionally.

CBA will act as the initial organizer of placing the bonds. They are placed from the third issue of interest-bearing nominal bonds registered to the amount of 60 million manat in nominal value of 1,000 manat each.


/Trend/