The non-bank credit organization Finex Credit issued mortgage bonds in two issues for a total of 300,000 manat.
100 mortgage bonds at a nominal price of 1,000 manat each are registered by the Financial Markets Supervision Authority (FIMSA) under the number AZ2009019244. The bonds will be in circulation for 24 months at 8% annual profit.
The second issue in the amount of 200 mortgage bonds at a nominal value of 1,000 manat each is registered by FIMSA under the number AZ2010019241. The bonds have a maturity of 24 months, with an annual yield of 22%. ----71D
Economics
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
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Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
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