Azerbaijan sizes up payments from nation’s National Depositary Center on securities

BAKU, Azerbaijan, July 4. The total amount of
securities payments made by the National Depository Center (NDC) of
Azerbaijan in the second quarter of 2024 amounted to 1.4 billion
manat ($823 million) and $32.6 million, Trend reports.

NDC made payments on notes of the Central Bank of Azerbaijan of
798,700 manat ($469,838), on state bonds in the principal amount of
492,500 manat ($289,715), and on coupons for 95,9 million manat
($56.4 million).

Furthermore, the Central Securities Depository paid 48.2 million
manat ($28.3 million) in principal amount, $30,000 to investors on
corporate bonds, and 3.3 million manat ($1.9 million) in principal
amount, $2.68 million on coupons.

Overall, NDC paid investors 1.3 billion manat ($764 million),
$30 million in principal amount, 99.2 million manat ($58.3
million), and $2.6 million on coupons.