One more auction to be organized – this time for mortgage bonds


July 17, Fineko/abc.az. An auction for the placement of mortgage bonds of the Mortgage & Credit Guarantee Fund will be conducted at the Baku Stock Exchange.

ABC.AZ was informed at the BSE that the issue volume was AZN 25 million, the nominal value AZN 1,000, the auction price AZN 1,000, the interest rate 3.25%, the term of payment of interest income 180 days, the circulation period 20 years.

The placement underwriter is investment company BTB-Capital.