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Azerbaijan’s Finance Ministry to auction manat bonds

Business Materials 25 January 2018 17:48 (UTC +04:00)

Baku, Azerbaijan, Jan. 25

By Anvar Mammadov – Trend:

An auction for placement of 15 million manats worth medium-term bonds of Azerbaijan’s Ministry of Finance will be held at the Baku Stock Exchange (BSE) Jan. 30, the BSE said Jan. 25.

Some 150,000 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.

(1.7001 manats = $1 on Jan. 25)

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