OREANDA-NEWS. April 22, 2010. The AMF informs that the next tranche of its bonds will make AZN 3 million.

The bonds will be set out for the auction on the current price (100.7222%).

This is the third tranche of the AMF bonds in April. In case of its placement the Fund will raise AZN 11 million at par value for April.

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.

Totally 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 started on 1 February 2010. Up to date it has been placed bonds for AZN 20 million.