15:58 - 6.12.2018

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December 6, Fineko/abc.az. Despite the fact that more than a month is left before the next interest payment, SOCAR bonds were sold at a record price.

Socar Capital reports that in accordance with the information provided by SOCAR bond market-maker PSG Capital the of bonds were sold at the price of $1,032 - the highest price sale of SOCAR bonds from the date of their issue.

"The sale of bonds at a record price is associated with a sharp increase in demand for them," Socar Capital said.

The annual income of the bonds issued in 2016 by SOCAR for 5 years for the domestic market is 5%, with interest payment every 3 months.

To date, interest payment on these securities has been carried out 8 times. According to the schedule, the next interest payment will be made on 17 January 2019.