Axar.az
UP
20 March 2019


Next coupons on SOCAR bonds to be paid on January - Photo

Home page Economy
12 Punto 14 Punto 16 Punto 18 Punto

According to “SOCAR Capital” company, the first coupon instalments of 2019 for SOCAR bonds will be paid on January 17. Interest amount on SOCAR bonds worth of $1.25 mln. in total - $12.5 per bond, have been transferred to the account of the National Depository Centre (NDC) at the Central Bank a week earlier.

Axar.az reports citing Azertag.

The coupon interests on SOCAR bonds are paid quarterly. It is the 9th interest payment in a row on SOCAR bonds with an annual coupon of 5 percent in dollars, and thus the total return of the bondholders will amount to $ 11.25 million since the emission.

The main advantages of SOCAR bonds are buyback guarantee of bonds by SOCAR at their nominal value, simplicity of transactions, timely payment of coupons and high liquidity. The total market transactions on SOCAR bonds has exceeded $170 mln., as a security with the highest liquidity in Baku Stock Exchange – with more than 800 market deals during 2018.

SOCAR bonds can be obtained from ASAN service centres No. 1 and 5, make up 24% of the total share of the country's overall bond market and 87% of the corporate bond market.

Date
2019.01.11 / 23:39
Author
Axar.az
Comments
See also

Central Bank of Azerbaijan hold auction raise 350M manats

Azerbaijani currency rates

Azerbaijani oil price surges

Brent to keep upward trend

Next meeting of OPEC+ countries may be rescheduled

New countries to join OPEC+ monitoring committee

Azerbaijani currency rates

German MEP vows stop Nord Stream 2's construction

Azerbaijan - most constructive member of OPEC +

Azerbaijan, Saudi Arabia to cooperate in alternative energy

Latest
 
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla