5th coupon payment made on SOCAR "green bonds"

The State Oil Company of Azerbaijan (SOCAR) made the fifth interest payment on its green bonds today.

According to SOCAR Capital, the coupon payment totaling $3 million has already been transferred to the bondholders' accounts, bringing the cumulative investor income to $15 million.

The green targeted bonds, issued by SOCAR on January 15, 2025, with the aim of contributing to the country's green energy strategy, attracted significant investor interest.

Since March 7 of last year, when secondary market operations were launched, once again stimulating activity in the domestic capital markets, 512 transactions totaling over $35.5 million have been executed with SOCAR green bonds on the Baku Stock Exchange (BSE) to date.

SOCAR's green bonds were issued for a 5-year term with an annual yield of 6%. The bonds are exempt from all taxes, coupon payments are made quarterly, and by the end of the term, they will generate a total of $60 million in income for bondholders.

It should be noted that official information about SOCAR bonds can only be obtained by calling *1999, on the websites socarcapital.az and socaristiqraz.az, at ASAN xidmət centers No. 1 and No. 5, as well as through investment companies officially registered in Azerbaijan.