BAKU/14.10.13/TURAN : Auction on placement interest , secured by registered non-documentary bonds of the Azerbaijan Mortgage Fund ( AMF) in the amount of AZN 5 million took place October 14, 2013 at the Baku Stock Exchange.
Ten papers were put up for sale at the current price of 100 %. The entire amount of bonds for the auction was fully invested .
Registered the issue prospectus of the Fund's bonds for a total amount of 20 million manat was registered by the State Securities Committee at the end of September 2013 . The nominal price of the bonds is equal to 1,000 manat , the interest rate is 3 % per annum and maturity date - August 23, 2023 -year. This is the first batch for sale of this issue. So far they have placed 25% (AZN 5 million) from this issue.
In 2009-2013, Mortgage Fund places five issues for AZN 55 million, AZN 75 million, AZN 60 million, AZN 20 million , AZN 30 million and AZN 40 million manat each. - 15D -
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