BAKU, Azerbaijan, August 18. 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 August 23, Trend reports citing the BSE.
Bonds of 100 manat ($58.8) with a circulation period of 1029 days and a yield of 5 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, June 24,2025.
The principal payment deadline is June 24, 2025.
The placement underwriter is PASHA Capital Investment Company CJSC.