1771 SOCAR bonds sold in secondary market

Three resale deals for bonds of the State Oil Company of Azerbaijan Republic (SOCAR) were concluded today at Baku Stock Exchange (BSE) CJSC.

Report informs citing the BSE.

According to information, 1769 bonds were sold with a nominal price of $1000, while other two deals each including one bond were completed with 0.05 percent higher prices.

Notably, 100,000 SOCAR bonds entered the secondary market on October 17. The bonds with 5% interest rate and return guarantee by SOCAR expires in 2021.