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Azerbaijan's Ministry of Finance to auction public bonds

Finance Materials 1 April 2022 15:26 (UTC +04:00)
Azerbaijan's Ministry of Finance to auction public bonds
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, April 1. 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 10 million manat ($5.88 million) on April 5, Trend reports citing the BSE.

Bonds of 100 manat ($58.8) with a circulation period of 728 days and a yield of 3.5 percent will be put up for auction.

Interest payment dates are set for October 4, 2022, April 4, 2023, October 3, 2023, and April 2, 2024.

The principal payment deadline is April 2, 2024.

The placement underwriter is Pasha Capital Investment Company JSC.

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