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Azerbaijan's Finance Ministry to auction off government bonds

Finance Materials 24 February 2022 20:53 (UTC +04:00)
Azerbaijan's Finance Ministry to auction off government bonds

BAKU, Azerbaijan, Feb. 24

By Nazrin Israfilova – Trend:

The Baku Stock Exchange (BSE) will host an auction on the placement of medium-term bonds of the Ministry of Finance of Azerbaijan for a total of 60 million manat ($35.3 million) on March 1, Trend reports citing the BSE.

Bonds of 100 manat ($58.8) with a circulation period of 1,902 days and a yield of 4 percent will be put up for auction.

Interest payment dates are set for August 30, 2022, February 28, 2023, August 29, 2023, February 27, 2024, August 27, 2024, and February 25, 2025.

The principal payment deadline is February 25, 2025.

The placement underwriter is Pasha Capital Investment Company JSC.

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