OREANDA-NEWS. April 16, 2010. The AMF informs that the next tranche of its bonds will make AZN 5 million that exceeds the volume of successfully placed first April tranche (AZN 3 million).

The bonds will be set out for the auction on the current price (100.6951).

The date of bonds redemption is 11 December 2019. In case demand exceeds supply than all applications will be secured in proportional order.

The CBA will be the primary organizer of bonds placement.

The Azerbaijan State Securities Committee (SSC) registered the bonds issue for AZN 75 million on 30 December 2009. 75,000 bonds were registered with par value of AZN 1,000. Profitability of bonds is 3.25%.

Placement of the AMF bond current issue was started on 1 February 2010. Up to date it has been placed bonds for AZN 9 million. This year the Fund places bonds by equal monthly tranches by AZN 3 million on face value.