BAKU, Azerbaijan, August 11. 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 August 16, Trend reports via the BSE.
Bonds with a face value of 100 AZN ($58.8) each with a circulation period of 728 days and a yield of 4.5 percent will be put up for auction.
The interest payment dates were set for February 14, 2023, August 15, 2023, February 13, 2024, and August 13, 2024.
The main payment deadline is August 13, 2024.
The placement underwriter is Pasha Capital CJSC.