METAK makes the first ever bond payments!

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METAK makes the first ever bond payments!
  • 30 APRIL 2018

METAK makes the first ever bond payments!

On April 30, the holders of the METAK bonds received a total of ₼70,000 as the first interest payment. The amount was transferred to the account of the National Depository Center (NDC) of the Central Bank of Azerbaijan

Interest payment on the first METAK bonds are paid quarterly, i.e. every 3 months. The next payment will be made on the 29th day of July, October and January, respectively.

Interest on the second METAK bonds will be paid in May. The amount of the second payment reached ₼3m during a year, with the 12% annual rate of return. According to terms, interest on these bonds will be paid on the 19th day of each month. The total amount of each such payment to bondholders will be ₼29,589 (₼9.86 paid for each bond with a face value of ₼1,000). Interest on these bonds will be paid on the 19th day of May, June, etc


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