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Investors buy $12M worth bonds of Azerbaijani Finance Ministry

Economy Materials 5 February 2016 21:32 (UTC +04:00)
Baku Stock Exchange (BSE) began selling manat and dollar bonds of the Azerbaijani Finance Ministry Feb. 5.
Investors buy $12M worth bonds of Azerbaijani Finance Ministry

Baku, Azerbaijan, Feb. 5

By Azad Hasanli - Trend:

Baku Stock Exchange (BSE) began selling manat and dollar bonds of the Azerbaijani Finance Ministry Feb. 5.

The bonds worth $12 million with a circulation period of one and two years were bought by investors at a rate of 2.77 percent and 3.02 percent respectively, said the ministry.

The bonds with a value of 20 million Azerbaijani manats, circulation period of six months and one year, and at a yield of 7.79 percent and 8.8 percent respectively, were placed as well.

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