(MENAFN- AzerNews)
By Trend
The Mortgage and Credit Guarantee Fund of Azerbaijan has made
another interest payment on bonds, Trend reports citing the Baku Stock Exchange
(BSE).
According to the Fund's prospectus, a specific part of the
nominal residual value of securities is paid in addition to the
interest payment on the bond payment date, which is equal to the
share of principal debt payments on the assets included in mortgage
coverage.
BSE noted that the issuer made another payment of interest on
the bonds on May 16. The amount of balance at the face value of the
specified bonds was 666.02 manat ($391.7).
Interest income in three percent, with regular payments, will be
calculated based on this amount.
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