(MENAFN- Trend News Agency)
BAKU, Azerbaijan, August 1. According to the
information given from SOCAR Capital, the next coupon payment on
SOCAR bonds with a nominal value of 1,000 US dollars, a maturity
period of 5 years, an annual yield of 4.5% and coupon payments on a
quarterly schedule has been credited to the accounts of bondholders
on August 1.
SOCAR's new bonds, which have become the most invested security
for the 9-month period of their placement at the Baku Stock
Exchange, have brought their owners an income of 1 million 125
thousand US dollars as a result of the third coupon payment. Thus,
the total income of bondholders received up to date has increased
to 3 million 375 thousand US dollars (after 5 years, the total
income will be 22.5 million US dollars).
SOCAR Bonds are the most traded corporate debt instrument in
Baku Stock Exchange with secondary market trade amount exceeding 23
million US dollars and number of executed transactions reaching
220; indicating of existing strong demand for SOCAR bonds.
SOCAR bonds, which can be purchased at 'ASAN service' centers
No. 1 and No. 5 and in all investment companies registered in
Azerbaijan, have high liquidity, and their price has never dropped
below the nominal value (1,000 US dollars).
The next, fourth, coupon payment on SOCAR bonds will take place
on November 1, 2022.
For additional information, you may get in contact with *1999 or
visit socarcapital.az, socaristiqraz.az websites.
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