THE NEXT PLACEMENT OF 110 M. AZN MORTGAGE BONDS OF MCGF WAS HELD

An auction was held for placement of 20 m. AZN of interest-bearing, named, paperless, provided bonds of Mortgage and Credit Guarantee Fund of the Republic of Azerbaijan at the Baku Stock Exchange (BSE) on November 28, 2019. 

The auction price per bond was 1 010,7499 AZN. The bonds were fully placed.

The prospectus of the placement of interest-bearing, named, paperless mortgage bonds was registered by Financial Market Supervisory Authority on June 25, 2019. The total amount of emission is 110 m. AZN.  The face value per bond is 1000 AZN with 3% interest rate. 

According to the prospectus of the placement, the placement will be held at the BSE by auction method.