Interests to be paid to AzerGold bondholders


September 24, Fineko/abc.az. The ceremony on the occasion of the issue of AzerGold’s bonds has been held at the Baku Stock Exchange.

ABC.AZ reports that at the event it was noted that there is a great interest in the bonds issued by AzerGold. The quantity of applications show that the demand for bonds will exceed the supply by several times. AzerGold bond market is expected to become an active reinvestment market.

The nominal value of AzerGold’s bonds is $100, and the annual interest rate is 4%. The bonds have a maturity of 3 years. Interest income will be paid to the bondholders every 3 months.