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Azerbaijani Finance Ministry to auction off public bonds

Finance Materials 23 September 2022 16:20 (UTC +04:00)
Azerbaijani Finance Ministry to auction off public bonds
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, September 23. The Baku Stock Exchange (BSE) will host an auction on the placement of the Azerbaijani Finance Ministry's bonds for a total of 30 million manat ($17.6 million) on September 27, Trend reports via the BSE.

Bonds of 100 manat ($58.8) with a circulation period of 1,092 days and a yield of five percent will be put up for the auction.

The interest payment dates were set for December 27, 2022, June 27, 2023, December 26, 2023, June 25, 2024, December 24, 2024, and June 24, 2025.

The principal payment deadline is June 24, 2025.

The placement underwriter is PASHA Capital Investment Company CJSC.

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