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Azerbaijan’s Finance Ministry to auction manat bonds

Business Materials 9 February 2018 11:16 (UTC +04:00)
An auction for placement of 30 million manats worth medium-term bonds of Azerbaijan’s Ministry of Finance will be held at the Baku Stock Exchange (BSE) Feb. 13, the BSE said Feb. 9.
Azerbaijan’s Finance Ministry to auction manat bonds

Baku, Azerbaijan, Feb. 9

By Anvar Mammadov – Trend:

An auction for placement of 30 million manats worth medium-term bonds of Azerbaijan’s Ministry of Finance will be held at the Baku Stock Exchange (BSE) Feb. 13, the BSE said Feb. 9.

Some 300,000 bonds at a par value of 100 manats each and maturity period of 728 days will be put up for auction.

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

(1.7001 manats = $1 on Feb. 9)

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