The next interest payment on SOCAR Bonds will be made on July 17

SOCAR Bonds, which pay interest every 3 months and earn 5% per annum in dollars, will have the 3rd and 11th interest payments on July 17, 2019, thus increasing the total income of bondholders to $ 13.75 million.

According to SOCAR Capital, a total of $ 1.25 million, including $ 12.5 per bond, has already been transferred to the account of the National Depository Center with the Central Bank.

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The total volume of secondary market operations of SOCAR Bonds, the main features of which are SOCAR’s guarantee of redemption from the nominal price, high liquidity, ease of purchase and sale of interest and timely payment of interest, now exceeds $ 175 million. Paper – 2019 232 in the first half of the year, the overall transaction was closed in 1791.

More than half of the total interest payments on SOCAR Bonds, which can also be obtained from ASAN Service Centers 1 and 5 and issued for a period of 5 years, will be completed on July 17, and by the end of the period the bondholders’ total income will reach $ 25 million.