An auction was held for the placement of mortgage bonds of the Azerbaijan Republic Mortgage and Credit Guarantee Fund OJSC

An auction was held for the placement of mortgage bonds of the Azerbaijan Republic Mortgage and Credit Guarantee Fund OJSC

On December 12, 2023, the auction for placement of 50,000,000 manat bonds of Azerbaijan Republic Mortgage and Credit Guarantee Fund OJSC with a maturity of 7200 days, nominal value of 1,000 manats, ISIN AZ2079008689 and the amount of 50,000,000 manats was concluded.

During the auction, 1 order was submitted by 1 investor. The annual interest rate of the bond is 3,25 %, and the interest payment period is 180 days (every 6 months).

The total amount of the orders with the auction price of 1,000 manats was 50,000,000 manats at the nominal price. The volume of bonds placed at a nominal price was 50,000,000 manats.

The maturity date of the bonds is August 29, 2043.

The underwriter for placement is "Unicapital I.Ş" OJSC.