The obligations on first bonds of Azerbaijan Mortgage have been fulfilled

The financial resources have been involved from financial market by the issue of bonds in order to mortgage lending and sustainability in 2009 by AMF under the Central Bank of the Republic of Azerbaijan. So far today, 390 million AZN have been involved from financial market on 9 issue. The Issue of bonds provided by mortgage, played an important role on the development of mortgage market and stability of mortgage lending.
For the first time, the secured bonds which is numbered AZ2001008682 and costs 55 000 000 (fifty five million) have been state registered in 29 May, 2009.
Effective management model of assets and passives and sustainable liquidity position of Fund and high quality of the loan profile helped that, the first issue of liabilities (55 mln. AZN ) have been fulfilled even before the time.
That is why, the first issue of Fund completed successfully and before the time. As a result of gained experience, timely implementation of liabilities will be provided on management of long- term commitments.