BAKU, Azerbaijan, February 2. The next, 17th
coupon payment of $1.12 million of the second SOCAR bonds issued by
the State Oil Company of Azerbaijan (SOCAR) for the domestic
capital markets in 2021 was transferred to the accounts of
bondholders today (according to the issue prospectus, if it falls
on a non-business day, the coupon payment is made on the next
business day), Trend reports via SOCAR.
As a result of the 17th coupon payment, the revenue brought by
the second SOCAR bonds to investors grew to a total of $19 million
(at the end of the trading period, the total revenue will amount to
$22.5 million).
SOCAR's currently outstanding bonds were traded on the Baku
Stock Exchange for $97.3 million, and 1,612 deals were closed.
Since their first issuance in 2016, SOCAR bonds have generated a
total of $53 million in interest payments for Azerbaijani citizens
and investors. SOCAR Capital announced that the next coupon payment
for the second SOCAR bonds will be made on May 1, 2026.
For nearly 10 years, SOCAR Bonds have held the title of the most
traded corporate bonds on the Baku Stock Exchange. They are
available for purchase at SOCAR Bond kiosks located in the ASAN
Khidmet centers No. 1 and No. 5, as well as through officially
licensed investment companies in Azerbaijan.
Additional information can be obtained by contacting the *1999
hotline or visiting the official websites socaristiqraz.az and
socarcapital. az. SOCAR emphasized that all official updates
regarding SOCAR Bonds are exclusively available through the
mentioned ASAN Khidmet centers, registered investment firms,
hotline, and official websites.
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