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Azerbaijan's Ministry of Finance to auction off public bonds

Finance Materials 13 October 2022 10:17 (UTC +04:00)
Azerbaijan's Ministry of Finance to auction off public bonds
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, October 13. The Baku Stock Exchange (BSE) will host an auction on the placement of the Azerbaijani Finance Ministry's bonds for a total of 15 million manat ($8.8 million) on October 18, Trend reports citing the BSE.

Bonds of 100 manat ($58.82) 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 April 18, 2023, October 17, 2023, April 16, 2024, October 15, 2024.

The principal payment deadline is October 15, 2024.

The placement underwriter is PASHA Capital Investment Company CJSC.

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