12th coupon payment on SOCAR bonds made

12th coupon payment on SOCAR bonds made 12th coupon payment on SOCAR bonds made https://innews.media/en/news/id-37988

The final coupon payment of 2024 on SOCAR bonds, with a nominal value of $1,000, a 5-year maturity, and an annual yield of 4.5% paid quarterly, amounting to $1.125 million, was credited to bondholders’ accounts on November 1, 2024.

According to the SOCAR Capital Company, the next coupon payment is scheduled for 1 February 2025.

SOCAR bonds, recognized as the most actively traded corporate securities in the local stock market, have generated an additional $1.125 million for bondholders with this 12th coupon payment, bringing the total income for bondholders to $13.5 million (projected to reach $22.5 million by the end of the term). Currently, the volume of operations with SOCAR bonds in the secondary market has reached $50 million, with a total 900 completed transactions. SOCAR bonds brought about $40 million of total income to investors since 2016.

SOCAR bonds are available at SOCAR bond kiosks located in ASAN Service centers No 1 and 5 as well as through investment companies registered in Azerbaijan.

For further information, please contact *1999 or visit socarcapital.az and socaristiqraz.az.

It should be noted that official information about SOCAR bonds is accessible only at ASAN Service centers No 1-5, through investment companies registered in our country as well as by phone number and on the websites mentioned above.