OREANDA-NEWS. December 17, 2009. The Azerbaijani Mortgage Fund (AMF) of the Central Bank of Azerbaijan (CBA) has carried out the first payment of interests on its interest-bearing registered book-entry unsecured bonds.

The AMF says that the first payment of interests was conducted on 14 December 2009.

“Placement of the AMF bonds was started on 16 June 2009 and up to date it has been placed bonds for AZN 44 million,” the Fund informed.

“The AMF bonds issue prospectus for AZN 55 million was registered by the State Committee for Securities on 29 May 2009. Par value of a bond is AZN 1,000 and profitability is 3%.