An auction for AZN 20 million held


March 6, Fineko/ An auction for placement of Mortgage & Credit Guarantee Fund’s bonds has been conducted.

ABC.AZ reports with reference to the Baku Stock Exchange that the auction for the placement of Fund’s mortgage bonds with ISIN code AZ2042008683 in the amount of AZN 20 million, circulation period of 6,840 days, has already been completed. At the time of placement, the auction price was AZN 1,000.

The total amount of bids at nominal prices and the volume of bonds placed at nominal prices amounted to AZN 20 million. The bond maturity date is 27 November 2038.