TODAY.AZ / Business

Baku Stock Exchange decides to release Mortgage Fund's bonds of commission payments

02 June 2009 [16:26] - TODAY.AZ
Baku Stock Exchange Management Board has decided to unilaterally release secured bonds of the Azerbaijan Mortgage Fund from commissions at its session on June 1.
Sources in the BSE say commissions will not be exempted while dislocating the bonds. This step was taken in order to create the mortgage bond market and support a new tool on the market.

Notably, the prospect of the issue of bonds of the Azerbaijan Mortgage Fund was registered on May 29, 2009, and the placement of these bonds will be via the Baku Stock Exchange.

/Day.Az/
URL: http://www.today.az/news/business/52786.html

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