OREANDA-NEWS. February 02, 2010. The AMF informs that the first tranche of the 75-million bonds issue will make AZN 3 million. The bonds will be set out for the auction on 100% of face value – AZN 1,000.

The date of bonds redemption is 11 December 2019. In case demand exceeds supply than all applications will be secured in proportional order.

The CBA will be the primary organizer of bonds placement.

The Azerbaijan State Securities Committee (SSC) has registered the bonds issue for AZN 75 million on 30 December 2009. It was registered 75,000 registered book-entry unsecured bonds were registered with par value of AZN 1,000. Profitability of bonds is 3.25%.

In 2009, the Committee conducted for the first time registration of AMF interest-bearing book-entry secured registered bonds for AZN 55 million (29 May 2009). Placement of AMF bonds was started on 16 June 2009. Up to date bonds for AZN 49 million have been set out for auction and entire volume of bonds was placed fully.