The price of SOCAR bonds, which have been in circulation for over three years, in the secondary market has reached $1,050.
SOCAR Capital told Report that the increase in the price of the bonds is caused by demand and liquidity.
"At the same time, payments of bond yield under the schedule is another factor of investors' interest."
The figure beats the previous record high, which made $1,046.
The total income of bondholders has reached $16,250,000.
The volume of operations makes up $187,000,000, with over 2,100 transactions.
SOCAR bonds with quarterly coupon payments, total issuance amount of $100 million, and the annual interest rate of 5% may be purchased at ASAN Service centers No 1 and 5.
The next interest payment on SOCAR bonds will be paid on April 17.