Mortgage Fund reduces borrowing, and mortgage lending growth pace lowers

17:32 - 1.04.2026


April 1, Fineko/abc.az. On April 1, 2026, the auction for the placement of mortgage bonds of the Azerbaijan Mortgage & Credit Guarantee Fund in the amount of 50 million manats was successfully completed at the Baku Stock Exchange.

ABC.AZ reports with reference to the BSE that this issue is considered as continuation of AMCGF’s mortgage financing strategy.

As a result of the auction, 50,000 bonds with nominal value of 1,000 manats each were placed in full. The annual yield of the bonds is set at 3.25%, and the placement price is equal to face value. The issue was purchased by only one investor.

The maturity of the bonds is 7,200 days (approx. 20 years). Interest payments will be made every 180 days. At the same time, repayment of the principal debt will take place in stages - every 6 months in the amount of 2.5% of the total issue (1.25 million manats).

This means that the instrument is long-term and provides investors with stable cash flow. The issue underwriter was investment company Invest-Az CJSC.