Auction on Mortgage & Credit Guarantee Fund’s bonds to be held


July 19, Fineko/abc.az. An auction on the placement of mortgage bonds of Azerbaijan Mortgage & Credit Guarantee Fund will be organized at the Baku Stock Exchange on 22 July.

The BSE reports that the issue volume is AZN 20 million, face value AZN 100, interest rate 3%, maturity of bonds 23 years, and the repayment period of interest income 180 days.

PSG-Kapital IŞ is the bond placement underwriter.