BAKU, Azerbaijan, July 28. The Baku Stock Exchange (BSE) will host an auction to place bonds of Azerbaijan's Finance Ministry for a total of 20 million manat ($11.7 million) on August 2, 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 31, 2023, August 1, 2023, January 30, 2024, July 30, 2024, January 28, 2025, July 29, 2025, January 27, 2026, July 28, 2026, January 26, 2027, and July 27, 2027.
The principal payment deadline is July 27, 2027.
The placement underwriter is PASHA Capital Investment Company CJSC.