On June 8, the State Oil Company of Azerbaijan (SOCAR) completed the 5th interest payment on its green bonds, Report informs, citing SOCAR Capital.
As part of the latest coupon payout, a total of $3 million was transferred to bondholders' accounts, bringing cumulative investor income to $15 million.
SOCAR's green bonds were issued on January 15, 2025, to support Azerbaijan's strategic initiatives in renewable energy. With an annual yield of 6% and a maturity of 5 years, the bonds attracted strong investor interest.
Trading began on the Baku Stock Exchange (BSE) on March 7, 2025, and has since boosted activity in the domestic capital market. To date, over $35.5 million worth of trades have been executed across 512 transactions.
The bonds, for which ABB Invest Investment Company acts as market maker, are tax-exempt. Coupon payments are made quarterly, with total investor income projected at $60 million by maturity.
Currently, SOCAR bonds account for $114 million in trading volume on the BSE, with 1,726 transactions, representing 32.4% of all corporate bond trades. Since the first SOCAR bond issue in 2016, investors and citizens have received $60.25 million in interest payments.
Official information on SOCAR bonds is available only via the 1999 call center, socarcapital.az, socaristiqraz.az, ASAN Service centers No. 1 and 5, and licensed investment companies in Azerbaijan.