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Azerbaijan's Finance Ministry to auction off public bonds

Finance Materials 30 June 2022 20:56 (UTC +04:00)
Azerbaijan's Finance Ministry to auction off public bonds
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, June 30. The Baku Stock Exchange (BSE) will host an auction to place bonds of Azerbaijan's Ministry of Finance for a total of 30 million manat ($17.6 million) on July 5, Trend reports citing the BSE.

Bonds of 100 manat ($58.8) with a circulation period of 1,820 days and a yield of six percent will be put up for auction.

Interest payment dates are set for January 3, 2023, July 4, 2023, January 2, 2024, July 2, 2024, December 31, 2024, July 1, 2025, December 30, 2025, June 30, 2026, December 29, 2026, and June 29, 2027.

The principal payment deadline is June 29, 2027.

The placement underwriter is PASHA Capital Investment Company CJSC.

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