(MENAFN- AzerNews)
By Trend
Azerbaijan's Mortgage and Credit Guarantee Fund has made regular
payments of interest on bonds, Trend reports via the Baku Stock Exchange
(BSE).
According to the Fund's bond emission prospectus, a certain part
of the nominal residual value of the securities, which is equal to
the principal debt payments on the mortgage coverage assets, is
paid along with the interest payment on the bond payment date.
On July 5, the issuer made another payment of interest on the
bonds. Proceeding from this, the amount of balance at par value of
the said bonds was 450 manat ($264.7). Thus, interest income in the
amount of three percent will be calculated based on this
amount.
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