The placement of last tranche of provided bonds of Azerbaijan Mortgage Fund, which its emission costs 40 mln AZN

The placement of last interest-bearing, named, paperless, provided bonds of Azerbaijan Mortgage Fund will take place and bonds in amount of 5 000 000 AZN will be auctioned in BSE on June 04, 2014. The bonds will be offered at price of 100.9417. Persons, who want to acquire bonds, can apply to organizations, which are member of “Baku Stock Exchange” CJSC and have a brokerage license.

 The maturity date of bonds- December 21, 2023. If the assigned orders more than offer, then the orders will be provided proportionally. The organization, which participate in initial placement of bonds: Central Bank of the Republic of Azerbaijan.

 Note that, the emission prospectus of the interest- bearing, named, undocumented emission prospectus of bonds of Azerbaijan Mortgage Fund was registered by the State Committee for Securities on January 22, 2014. The total volume of the emission is 40 000 000 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.

 We inform that, the placement of these bonds were started on February 11, 2014 and so far, the bonds in amount of 30 000 000 AZN placed at auction.