(MENAFN- AzerNews)
By Trend
The Mortgage and Credit Guarantee Fund of the Republic of
Azerbaijan has made regular payments of interest on bonds, Trend reports referring to the Baku Stock
Exchange (BSE).
According to the Fund bond 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 August 8, 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 710,57 manat ($417.98). Thus, interest income in
the amount of three percent will be calculated based on this
amount.
---
Follow us on Twitter @AzerNewsAz
MENAFN10082022000195011045ID1104674877
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.