The placement of the third tranche of provided mortgage bonds of “Azerbaijan Mortgage Fund”, emission of which costs 100 mln AZN

The placement of interest-bearing, named, paperless, provided bonds of “Azerbaijan Mortgage Fund” will take place and bonds in amount of 25 000 000 AZN will be auctioned in BSE on October 20, 2017. The bonds will be offered for sale with 1 003,50 price. 

Financial Markets Control Chamber registered the emission prospectus of the interest- bearing, named, undocumented emission prospectus of bonds of Azerbaijan Mortgage Fund for Securities on August 16, 2017. The total volume of the emission is 100 000 000 AZN, face- value of this loan is 1 000 AZN and interest rate on bonds is 3%.

According to the emission prospectus, the placement will take place with public offering method by means of “Baku Stock Exchange” CJSC. The depository and Superintendent services will be provided by National Depository Center.