BAKU, Azerbaijan, September 1. The Baku Stock Exchange (BSE) will host an auction to place bonds of Azerbaijan's Ministry of Finance for a total of 10 million manat ($5.8 million) on September 6, Trend reports citing the BSE.
Bonds of 100 manat ($58.8) with a circulation period of 1820 days and a yield of 6 percent will be put up for auction.
Interest payment dates are set for March 7,2023, September 5, 2023, March 5, 2024, September 3, 2024, March 4,2025, September 2,2025, March 3, 2026, September 1,2026, March 2,2027, August 31,2027.
The principal payment deadline is August 31, 2027.
The placement underwriter is PASHA Capital Investment Company CJSC.