BAKU, Azerbaijan, July 21. The Baku Stock Exchange (BSE) will host an auction to place bonds of Azerbaijan's Finance Ministry for a total of 40 million manat ($23.5 million) on July 26, Trend reports citing the BSE.
Bonds of 100 manat ($58.8) with a circulation period of 1,092 days and a yield of five percent will be put up for auction.
Interest payment dates are set for December 27, 2022, June 27, 2023, December 26, 2023, June 25, 2024, December 24, 2024, and June 24, 2025.
The principal payment deadline is June 24, 2025.
The placement underwriter is PASHA Capital Investment Company CJSC.