BAKU, Azerbaijan, October 6. The Baku Stock Exchange (BSE) will host an auction on the placement of the Azerbaijani Finance Ministry's bonds for a total of 50 million manat ($29.4 million) on October 11, Trend reports citing the BSE.
Bonds of 100 manat ($58.82) with a circulation period of 1,092 days and a yield of five percent will be put up for auction.
Interest payment dates are set for April 11, 2023, October 10, 2023, April 9, 2024, October 8, 2024, April 8, 2025, and October 7, 2025.
The principal payment deadline is October 7, 2025.
The placement underwriter is PASHA Capital Investment Company CJSC.