On February 28, 2022, the Baku Stock Exchange (BSE) will hold an auction on the placement of mortgage bonds of the Mortgage and Credit Guarantee Fund of the Republic of Azerbaijan. Collection of orders during the auction will be organized from 11:00 to 12:30 in accordance with the BSE trading regulations.

Information on the bond issue parameters is given in the following table:

The state registration number


Volume put-up in auction

20,000 000 AZN

Face value per bond

1,000 AZN

Auction price

1006,3333 AZN

Turnover period

27 years  (9720 days)

Interest income

3 %

Payment period

Once in 180 days


Invest-AZ CJSC

If the submitted orders exceed the supply, the orders will be provided in proportion.

The issue prospectus of IKZF mortgage bonds is available in the “Issuers” section of the BSE website (www.bfb.az).

Those interested in trading on the BSE can apply to investment companies that are members of the exchange.

The contact details of the exchange members are posted on the BSE website (www.bfb.az) in the "Members" section.