The final coupon payment of 2024 on SOCAR bonds, with a nominal value of $1,000, a 5-year maturity, and an annual yield of 4.5% paid quarterly, amounting to $1.125 million, was credited to bondholders’ accounts on November 1, 2024, according to the SOCAR Capital Company, Report informs.
The next coupon payment is scheduled for February 1, 2025.
SOCAR bonds, recognized as the most actively traded corporate securities in the local stock market, have generated an additional $1.125 million for bondholders with this 12th coupon payment, bringing the total income for bondholders to $13.5 million (projected to reach $22.5 million by the end of the term). Currently, the volume of operations with SOCAR bonds in the secondary market has reached $50 million, with a total 900 completed transactions. SOCAR bonds brought about $40 million of total income to investors since 2016.
SOCAR bonds are available at SOCAR bond kiosks located in ASAN Service centers No 1 and 5 as well as through investment companies registered in Azerbaijan.
For further information, please contact *1999 or visit socarcapital.az and socaristiqraz.az.
Official information about SOCAR bonds is accessible only at ASAN Service centers No 1-5, through investment companies registered in our country as well as by phone number and on the websites mentioned above.