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Azerbaijan's National Depository Center makes payment on state bonds

Finance Materials 7 September 2022 18:54
Baku, Azerbaijan Trend News Agency
Azerbaijan's National Depository Center makes payment on state bonds

Azerbaijan’s National Depository Center (NDC) made coupon payments as a paying agent on the bonds of the International Bank of Azerbaijan OJSC, Trend reports via NDC.

The total amount of payments was 4.4 million manat ($2.5 million) and 897,500 manat ($527,941).

The National Depository Center is a state organization being an integral part of the national depository system. Its purpose is to organize and coordinate the work of the depository system, which stores securities in the territory of Azerbaijan, registers property and other rights for them, as well as operations related to securities.

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