BAKU, Azerbaijan, April 8. 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 April 12, Trend reports citing the BSE.
Bonds of 100 manat ($58.8) with a circulation period of 1092 days and a yield of four percent will be put up for auction.
Interest payment dates are set for October 11, 2022, April 11, 2023, October 10, 2023, April 9, 2024, October 8, 2024 and April 8, 2025.
The principal payment deadline is April 8, 2025.
The placement underwriter is Pasha Capital Investment Company JSC.