BAKU, Azerbaijan, September 29. The Baku Stock Exchange (BSE) will host an auction on the placement of the Azerbaijani Finance Ministry's bonds for a total of 20 million manat ($11.77 million) on October 4, Trend reports citing the BSE.
Bonds of 100 manat ($58.88) with a circulation period of 1,820 days and a yield of six percent will be put up for auction.
Interest payment dates are set for April 4, 2023, October 3, 2023, April 2, 2024, October 1, 2024, April 1, 2025, September 30, 2025, March 31, 2026, September 29, 2026, March 30, 2027, and September 28, 2027.
The principal payment deadline is September 28, 2027.
The placement underwriter is PASHA Capital Investment Company CJSC.