BAKU/05.12.13/TURAN : The next auction of interest , non-documentary registered secured bonds of Azerbaijan Mortgage Fund (AMF) in the amount of AZN 5 million held at the BSE .
Ten-year bonds were offered for sale at the current price of 100 , 4083 %. The entire amount of bonds for the auction was placed fully .
Prospectus of the registered bonds fund totaling 20 million manat was registered by the State Committee for Securities at the end of September 2013 . Face value of bonds equals 1,000 manats , the interest rate of 3% per annum , maturity date - August 23, 2023 year. Today placed is 75% ( AZN 15 million ) of this issue .
In 2009-2013, Mortgage Fund has placed five issues for AZN 55 million , AZN 75 million, AZN 60 million, AZN 20 million , AZN 30 million and AZN 40 million each . - 15D -
Economics
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