Auction on placement of interest, secured, registered non-documentary bonds of the Azerbaijan Mortgage Fund (AMF) in the amount of 3 million manat was held at the Baku Stock Exchange on July 3.
Ten papers were put up for sale at the current price of 100, 0583%. The claimed amount of bonds was 3 million manat, the demand for them from the sole bidder was exactly 3 mln at face value. The entire amount of bonds for the auction was fully invested.
The registered issue prospectus of the Fund's bonds for a total amount of 40 million manat was registered by the State Committee for Securities on Friday. The nominal price of the bonds is equal to 1,000 manat, the interest rate is 3% per annum and the maturity date is November 6, 2022. By today they have placed 92.5% (AZN 37 million) from this issue.
In 2009-2012 Mortgage Fund placed five issues for AZN 55 million, AZN 75 million, AZN 60 million, AZN 20 million and AZN 30 million manat each. - 15D -
Economics
-
Azerbaijan and Israel have agreed to establish a working group on the development of cooperation in the field of transport, Minister of Digital Development and Transport Rashad Nabiyev said on Friday on the social network "X".
-
Discussions on "green energy" were held on November 22 in Istanbul, during the energy forum, involving Turkey's Minister of Energy and Natural Resources Alparslan Bayraktar, Georgia's First Deputy Prime Minister and Minister of Economy and Sustainable Development Levan Davitashvili, Bulgaria's Minister of Energy Rumen Radev, and Azerbaijan's Minister of Energy Parviz Shahbazov.
-
A meeting between Azerbaijan's Minister of Energy Parviz Shahbazov, Turkey's Minister of Energy and Natural Resources Alparslan Bayraktar, and Bulgaria's Minister of Energy Vladimir Malinov took place on November 22 in Istanbul, within the framework of the international energy forum, according to Azerbaijan's Ministry of Energy.
-
Consumer prices in Azerbaijan surged significantly in October 2024, underscoring the impact of both local and global inflationary pressures. According to the State Statistics Committee, the Consumer Price Index (CPI) for October 2024 reached 103.4% compared to the same month last year. Key categories contributing to the rise include food, beverages, and tobacco, which increased by 2.6%, non-food items by 2.1%, and paid services by a substantial 5.8%.
Leave a review