Azerbaijan Mortgage Fund launches next placement of bonds

Economic Department
Author

Baku. 20 July. REPORT.AZ/ On July 21, Baku Stock Exchange (BSE) will hold the next auction on mass sales of AZ2019008682, registered, unlicensed, interest-bearing bonds of the Azerbaijan Mortgage Fund (AMF) OJSC.

Report informs citing BSE, 25,000 bonds worth 1,000 AZN each will be auctioned.

Securities will be offered at a price of 1 008.83 AZN. The order will be provided in proportion if is more than bid.

Notably, turnover period is 7,560 days. Their annual profitability makes 3%.

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