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

On July 31, 2023, the auction for placement of bonds of Azerbaijan Republic Mortgage and Credit Guarantee Fund OJSC with a maturity of 7200 days, nominal value of 1,000 manats, ISIN number AZ2074008684, and the amount of 30,000,000 manats was 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 30,000,000 manats. The volume of bonds placed at a nominal price was 30,000,000 manats.

The maturity date of the bonds is April 18, 2043.

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