BAKU, Azerbaijan, October 28. 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 ($11.7 million) on November 1, Trend reports citing the BSE.
Bonds of 100 manat ($58.82) 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 May 2,2023, October 31,2023, April 30,2024, October 29,2024, April 29,2025, October 28,2025, April 28,2026, April 27,2027, October 26,2027.
The principal payment deadline is October 26, 2027.
The placement underwriter is PASHA Capital Investment Company CJSC.