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Azerbaijan's Ministry of Finance to auction public bonds

Finance Materials 9 June 2022 17:16 (UTC +04:00)
Azerbaijan's Ministry of Finance to auction public bonds
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, June 9. The Baku Stock Exchange (BSE) will host an auction on the placement of public bonds of the Ministry of Finance of Azerbaijan for a total of 20 million manat ($11.7 million) on June 14, Trend reports citing the BSE.

Bonds of 100 manat ($58.8) with a circulation period of 728 days and a yield of 4.5 percent will be put up for auction.

Interest payment dates are set for December 13, 2022, June 13, 2023, December 12, 2023, and June 11, 2024.

The principal payment deadline is June 11, 2024.

The placement underwriter is Pasha Capital Investment Company JSC.

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