BAKU, Azerbaijan, May 19. The Baku Stock Exchange (BSE) will host an auction on the placement of bonds of the Ministry of Finance of Azerbaijan for a total of 10 million manat ($5.88 million) on May 24, Trend reports citing the BSE.
Bonds of 100 manat ($58.8) with a circulation period of 2,548 days and a yield of six percent will be put up for auction.
Interest payment dates are set for August 9, 2022, February 7, 2023, August 8, 2023, February 6, 2024, August 6, 2024, February 4, 2025, August 5, 2025, February 3, 2026, August 4, 2026, February 2, 2027, August 3, 2027, February 1, 2028, August 1, 2028, and January 30, 2029.
The principal payment deadline is January 30, 2029.