BAKU, Azerbaijan, August 1. According to the
info given from SOCAR Capital, the subsequent coupon cost on
SOCAR bonds with a nominal worth of 1,000 US {dollars}, a maturity
interval of 5 years, an annual yield of 4.5% and coupon funds on a
quarterly schedule has been credited to the accounts of bondholders
on August 1.
SOCAR’s new bonds, which have turn into probably the most invested safety
for the 9-month interval of their placement on the Baku Stock
Exchange, have introduced their house owners an revenue of 1 million 125
thousand US {dollars} because of the third coupon cost. Thus,
the full revenue of bondholders acquired updated has elevated
to three million 375 thousand US {dollars} (after 5 years, the full
revenue might be 22.5 million US {dollars}).
SOCAR Bonds are probably the most traded company debt instrument in
Baku Stock Exchange with secondary market commerce quantity exceeding 23
million US {dollars} and variety of executed transactions reaching
220; indicating of current sturdy demand for SOCAR bonds.
SOCAR bonds, which will be bought at “ASAN service” facilities
No. 1 and No. 5 and in all funding corporations registered in
Azerbaijan, have excessive liquidity, and their value has by no means dropped
beneath the nominal worth (1,000 US {dollars}).
The subsequent, fourth, coupon cost on SOCAR bonds will happen
on November 1, 2022.
For extra info, you could get involved with *1999 or
go to socarcapital.az, socaristiqraz.az web sites.
