SOCAR's new bonds bought and sold on secondary market 800 times

The state oil company (SOCAR) has paid interest on new bonds worth $100 million for the 11th time since 1 November 2021. This was reported by "SOCAR Capital" company. Recall that 100, 000 bonds with a nominal value of 1,000 were put into circulation for a period of 5 years. They were promised a yield of 4.5% per annum. Interest is paid every 3 months, and each time bond holders receive interest of $1.125 million. Note that the fol...

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