12:50 - 2.03.2023

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March 2, Fineko/abc.az. There have been innovations in Azerbaijan on mortgage and loan guarantee fund bonds, which have the largest portfolio after government bonds.

ABC.AZ reports that first interest and nominal payments on the Fund's bonds were announced.

The situation with interest payments is simple, bondholders have taken their income. But nominal payments on bonds were also carried out in parallel. A nominal payment is an advance payment of a part of the principal (i.e. nominal) value of the bonds.

Speech is about bonds AZ2051008681 issued by the Mortgage Fund in 2021.

According to the bond issue prospectus with ISIN code AZ2051008681 issued by the Mortgage & Credit Guarantee Fund, on the day of interest payment on the bond, along with interest payment, a certain part of the residual value of the bond is provided for at par.