Azerbaijani Ministry of Finance to place state short-term bonds
BAKU, Azerbaijan, Sept. 24
By Zeyni Jafarov – Trend:
Baku Stock Exchange (BSE) will hold an auction on placement of state short-term bonds worth 30 million manat ($17.6 million) on September 29, Trend reports referring to BSE.
Bonds with a face value of 100 manat ($58.8) and a circulation period of 364 days will be offered.
The orders during the auction will be accepted from 11:00 (GMT+4) to 12:30 (GMT+4) in accordance with the BSE’s trade regulations.
The deadline for payment on bonds is September 28, 2021.
During the auction, acceptance of non-competitive orders is allowed if the bond issue doesn’t exceed 20 percent.
Those who are interested in attending the auction can contact investment companies - members of the BSE.
PASHA Capital Investment Company is an underwriter on issuing of state bonds.
(1 USD = 1.7 AZN on Sept. 24)