AMCGF places first tranche of bonds

# 08:48
17 April 2018

On April 19 an auction on placement of book-entry, interest bearing mortgage bonds of Azerbaijan Mortgage and Credit Guarantee Fund (AMCGF) with the volume of AZN 20 million will be held at Baku Stock Exchange.


The Fund told APA-Economics the bonds will be put up for sale in the price of AZN 1,000.


The Financial Markets Supervisory Authority registered emission prospectus of AMF’s bonds on March 30, 2018. The volume of the issue makes up AZN 80 million, face value AZN 1,000 and interest rate 3%.