Azerbaijan's National Depository Center talks another interest payment on SOCAR bonds

By Trend

The second interest payment on bonds of the State Oil Company of Azerbaijan (SOCAR) for 2021 was made with a nominal value of $1,000 each, Trend reports citing the National Depository Center (NDC) of Azerbaijan.

According to the NDC, the term of maturity is five years and a yield is 5 percent per annum.

The total amount of payments made up $1.25 million.

The NDC acts as a paying agent for paying interest on bonds issued by SOCAR in 2016.