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Baku Stock Exchange holds auction to place mortgage bonds

Baku Stock Exchange holds auction to place mortgage bonds

Economy
14 September 2019, 14:49 111
The Baku Stock Exchange held an auction on Sept. 13 to place another tranche of the issue of interest-bearing mortgage bonds of the Azerbaijan Mortgage and Credit Guarantee Fund worth 30 million manats, Trend reports referring to the Baku Stock Exchange.
The bond turnover period is 23 years. During the auction, the volume of the sold bonds reached 30 million manats.
The bond payment date is March 23, 2042.