On Friday, April 24, the Azerbaijan Mortgage Fund (AMF) will hold an auction of bonds for 3 million manat.
According to the Fund, this is the third placement of bonds in the framework of the ninth issue. Total will be exhibited three thousand securities par value of 1 thousand manat. The price of each exhibited bond is 100.8417%.
In January-April AMF held 2 auctions, in which in the current issue it placed bonds of 8 million manat. The ninth bond issue (volume of 50 million AZN) was registered by the State Committee for Securities (SCS) on December 30 last year. The emission is divided into 50,000 covered bonds denominated in one thousand manat per security. The maturity of bonds is 10 years and the rate is 3% per annum.
In 2009-2014, the AMF within eight issues posted bonds totaling 340 million manat. --17D-
Economics
-
Azerbaijan’s Information and Communication Technologies Agency (ICTA) held a meeting with representatives of internet service providers (ISPs) and telecom operators to address concerns over the accuracy of reported internet speeds and the country’s ranking in global broadband performance indices.
-
Bulgaria considers Azerbaijan a key strategic partner in the energy sector, as the country plays a crucial role in diversifying gas supplies and strengthening regional energy security, Bulgaria’s newly appointed Energy Minister Jecho Stankov said during a meeting with an Azerbaijani delegation.
-
Rovshan Najaf, president of Azerbaijan’s state oil company SOCAR, met with Majid Jafar, CEO of Crescent Petroleum, on February 6 to discuss potential avenues for collaboration in the energy sector. The meeting marked an important step in strengthening ties between the two companies, with both sides exchanging insights on their respective operations and assessing opportunities of mutual interest.
-
Rovshan Najaf, president of the State Oil Company of Azerbaijan (SOCAR), met with Sašo Berger, chairman of Slovenian energy company Petrol dd, and Simon Urbanc, CEO of Geoplin doo, on February 6, underscoring growing cooperation in the natural gas sector between Azerbaijan and Slovenia.
Leave a review