Azerbaijan Mortgage Fund Fully Placed Next Tranche of Bonds
OREANDA-NEWS. October 26, 2009. The next auction of interest-bearing registered bonds of the Azerbaijan Mortgage Fund (under the Central Bank) has been conducted today at the Baku Stock Exchange.
The BSE informs that the volume of offering is AZN 3 million.
Overall volume of the orders submitted by four investors totaled AZN 3.495 million. The orders were presented at the current price of 101.1000%, and entire volume of bonds set for the auction was placed fully.
The maturity date is 10 May 2016.
The placement of the bonds (their issue prospectus says of bonds for AZN 55 million and profitability of 3%) was started from 16 June 2009. Today the bonds for AZN 41 million was set for the auction.
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