Auction on placement of mortgage bonds held

Mortgage

The auction for the placement of bonds of Mortgage and Credit Guarantee Fund OJSC with ISIN code AZ2075008683, maturity of 8280 days, nominal value of AZN 1,000, volume of AZN 50,000,000 was completed at the Baku Stock Exchange.

Yekemlak.az reports that one order was placed by one investor during the auction. The annual interest rate on the bond is 3% and the interest payment period is 180 days (every 6 months).

The total amount of bids with an auction price of AZN 1,000 was AZN 50,000,000 manats at a nominal price. The volume of bonds placed at a nominal price amounted to AZN 50,000,000.

The placement underwriter is OJSC Unicapital İ.Ş.

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