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

On June 16, 2023, the auction for placement of bonds of Azerbaijan Republic Mortgage and Credit Guarantee Fund OJSC with a maturity of 8,280 days, a nominal value of 1,000 manats, ISIN number AZ2073008685, and the amount of 40,000,000 manats were concluded on June 16, 2023.

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

The total amount of the Orders with the auction price of 1,000 manats at the nominal price was 40,000,000 manats. The volume of bonds placed at a nominal price was 40,000,000 manats.

The maturity date of the bonds is February 15, 2042.

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