BAKU, Azerbaijan, April 14. The Baku Stock Exchange (BSE) will host an auction to place mid-term bonds of the Ministry of Finance of Azerbaijan for a total of 30 million manat ($17.6 million) on April 19, Trend reports citing the BSE.
Bonds of 100 manat ($58.8) with a circulation period of 1,820 days and a yield of five percent will be put up for auction.
Interest payment dates are set for October 18, 2022, April 18, 2023, October 17, 2023, April 16, 2024, October 15, 2024, April 15, 2025, October 14, 2025, April 14, 2026, October 13, 2026, and April 13, 2027.
The principal payment deadline is April 13, 2027.
The placement underwriter is Pasha Capital Investment Company JSC.