Auction of on placement Mortgage and Credit Guarantee Fund bonds will be held


September 12, Fineko/abc.az. On September 13, the Baku Stock Exchange (BSE) will host an auction on placement of mortgage bonds of the Mortgage and Credit Guarantee Fund of the Republic of Azerbaijan, Abc.az reports.

Collection of bids during the auction will be held from 11:00 to 12:30 according to BSE's trading rules.

It is reported that the emission amount is AZN 30 million, the nominal price is  AZN 1000 and the auction price is AZN 1,004.4167, interest rate is 3%, maturity of bonds is 23 years, interest payment period is 180 days. BTB-Kapital is the underwriter. If orders submitted exceed offers, orders will be ensured in the proportionate way.

AMF's basic mortgage prospectus is available in the "Issuers" section of the BSE's web site (www.bfb.az).