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Azerbaijan’s Finance Ministry to auction manat bonds

Business Materials 13 November 2017 16:59 (UTC +04:00)
An auction for placement of five million manats worth medium-term bonds of Azerbaijan’s Ministry of Finance will be held at the Baku Stock Exchange (BSE) Nov. 14.
Azerbaijan’s Finance Ministry to auction manat bonds

Baku, Azerbaijan, Nov. 13

By Anvar Mammadov – Trend:

An auction for placement of five million manats worth medium-term bonds of Azerbaijan’s Ministry of Finance will be held at the Baku Stock Exchange (BSE) Nov. 14, the BSE said Nov. 13.

Some 100,000 bonds at a par value of 100 manats each and maturity period of 1,092 days will be put up for auction.

Azerbaijani investment company PASHA Capital is the underwriter of the issuance.

(1.7002 manats = $1 on Nov. 13)

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