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Azerbaijan's Ministry of Finance to auction off public bonds

Finance Materials 15 September 2022 14:24 (UTC +04:00)
Azerbaijan's Ministry of Finance to auction off public bonds
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, September 15. The Baku Stock Exchange (BSE) will host an auction on the placement of the Azerbaijani Finance Ministry's bonds for a total of 10 million manat ($5.8 million) on September 15, Trend reports citing the BSE.

Bonds of 100 manat ($58.8) with a circulation period of 728 days and a yield of 4.5 percent will be put up for auction.

Interest payment dates are set for March 21, 2023, September 19, 2023, March 19, 2024, and September 17, 2024.

The principal payment deadline is September 17, 2024.

The placement underwriter is PASHA Capital Investment Company CJSC.

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