Placing interest, secured by registered non-documentary bonds of the Azerbaijan Mortgage Fund (AMF) in the amount of 3 million manat will begin August 23, 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 100.4833%. 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 AIF operates.
Registered the issue prospectus of the Fund's bonds for a total amount of 40 million manat was registered by the State Securities Committee in December 2012. The nominal price of the bonds is equal to 1,000 manat, the interest rate is 3% per annum and maturity date - November 6, 2022-year. On today placed 92.5% (AZN 37 million) from this issue.
In 2009-2012 the Mortgage Fund placed five issues for AZN 55 million, AZN 75 million, AZN 60 million, AZN 20 million and AZN 30 million each. -15D-
Economics
-
On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
-
Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
-
Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
-
While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
Leave a review