BAKU, Azerbaijan, June 17. An auction to put up public bonds of the Azerbaijani Ministry of Finance in the amount of 10 million manat ($5.88 million) will be held at the Baku Stock Exchange (BSE) on June 21, Trend reports citing the BSE.
Bonds with a face value of 100 AZN ($58.8) each with a circulation period of 2,548 days and a yield of six percent will be put up for the auction.
The interest payment dates were 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 main payment deadline is January 30, 2029.
The placement underwriter is Pasha Capital CJSC.