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Baku Stock Exchange holds auction for placement of bonds

Finance Materials 29 March 2019 09:32 (UTC +04:00)
An auction for placement of bonds of the Azerbaijan Mortgage and Credit Guarantee Fund OJSC was held at the Baku Stock Exchange (BSE) on March 28
Baku Stock Exchange holds auction for placement of bonds

Baku, Azerbaijan, March 29

By Kheyraddin Nasirzade – Trend:

An auction for placement of bonds of the Azerbaijan Mortgage and Credit Guarantee Fund OJSC was held at the Baku Stock Exchange (BSE) on March 28, Trend reports with reference to the BSE.

Reportedly, the volume of bonds offered for sale at a nominal price amounted to 20 million manats.

The bonds were fully sold.

The period of bond turnover is 23 years (8,280 days).

PSG Kapital Investment Company acted as the underwriter of the placement.

(1.7 manats = $1 on March 29)

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