With the new bonds issued by the state oil company (SOCAR) on November 1, 2021, 450 transactions have been made on the secondary market in the amount of $ 32 million so far. This was reported by "SOCAR Capital". Last year, the 6th coupon payment was made on new bonds. At that, bondholders were paid another $ 1.125 million, and the total income of investors rose to $ 6.75 million. There are still 14 coupon payments and an income of $ 15.75 million waiting for bondholders. Recall that 100.000 bonds with a nominal value of $ 1,000 have a circulation period of 5 years, and an annual yield of 4.5%. Interest is paid once a quarter.
Source: Turan News Agency