(MENAFN- Trend News Agency)
BAKU, Azerbaijan, July 7. Azerbaijan's Mortgage
and Credit Guarantee Fund made a new payment 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.
The issuer made another payment of interest on the bonds on July
6. The amount of balance at the par value of the said bonds was
785.73 manat ($462.19). Thus, during the next payments interest
income in the amount of three percent will be calculated based on
this amount, and added to the BSE.
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