BAKU/25.10.13/TURAN : Placing interest , secured by registered non-documentary bonds of the Azerbaijan Mortgage Fund ( AMF) in the amount of AZN 5 million will begin October 28, 2013 at the Baku Stock Exchange.
According to the fund , the sale of the bonds will be conducted by public subscription. Ten-year securities will be offered for sale at the current price of 100.1167 %. In case demand exceeds supply , all orders will be filled proportionally. In the initial organizer of the bonds placement will be the Central Bank , in which the AMF operates .
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. At today announced issuance razmeshena quarter .
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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