The Financial Markets Supervision Authority registered the next issue of mortgage bonds of Azerbaijan Mortgage Fund (AMF) in the amount of 20 million manat.
It registered 20,000 mortgage bonds at a nominal value of 1,000 manat each.
Note that AMF planned placement of mortgage bonds in the amount of AZN 50 million. Accommodation is conducted in three issues.
On January 27 AMF placed the first issue of mortgage bonds totaling 10 million manat, and on February 9 – AZN 20 million.
The bonds with 3% of the annual income will be in circulation for 3,600 days.
This year, AMF will receive AZN 50 million from the state budget for mortgage loans. ------71D
Economics
-
Azerbaijan has dispatched its first rail cargo shipment from Baku to China, marking a significant milestone in its ambitions to become a critical hub along the Middle Corridor. The Azerbaijan Railways (ADY) confirmed on Sunday that the inaugural "Baku-Xi'an" export block train, comprising 62 40-foot containers, has begun its journey.
-
Azerbaijan’s Cabinet of Ministers approved a detailed framework for the preparation of sector-specific strategic plans aimed at guiding the country’s economic development over the medium term.
-
Azerbaijan’s ADY Express, a subsidiary of Azerbaijan Railways CJSC, signed several strategic agreements on the sidelines of the Logitrans Türkiye 2024 exhibition in Istanbul, Turkey, reinforcing its commitment to expanding freight transport services along the Middle Corridor.
-
Azerbaijan plans to establish state-of-the-art battery storage facilities for green energy with a total capacity of 350 MW within the next 4-5 years, a well-informed source in the Ministry of Energy told Turan.
Leave a review