Azerbaijani finance ministry to put up manat bonds for auction
Baku, Azerbaijan, March 2
By Anvar Mammadov – Trend:
An auction for placement of short-term bonds of Azerbaijan’s Ministry of Finance will be held at the Baku Stock Exchange (BSE) March 7, the BSE said March 2.
The bonds are worth 10 million manats (official exchange rate on March 2 is 1.7515 AZN/USD).
Some 100,000 bonds at a par value of 100 manats each and maturity period of 182 days will be put up for auction. The maturity date of the bonds is Sept. 5, 2017.
Azerbaijani investment company PASHA Capital is the underwriter of the issuance.