BAKU, Azerbaijan, July 14. The Baku Stock Exchange (BSE) will host an auction to place bonds of Azerbaijan's Ministry of Finance for a total of 20 million manat ($11.77 million) on July 19, 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 January 17, 2023, July 18, 2023, January 16, 2024, and July 16, 2024.
The principal payment deadline is July 16, 2024.
The placement underwriter is PASHA Capital Investment Company CJSC.