The Financial Markets Supervision House has registered 20,000 mortgage bonds of Azerbaijan Mortgage Fund (AMF) at a nominal value of 1,000 manat each.
The term of the bonds with 3% of the annual income is 3,600 days.
On January 27 AMF placed the first issue of mortgage bonds totaling 10 million manat.
Total AMF intends to place mortgage bonds in the amount of AZN 50 million.
This year, AMF will receive AZN 50 million from the state budget for mortgage loans. ---71D
Economics
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
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Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
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