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Azerbaijani Finance Ministry to auction off public bonds

Finance Materials 10 November 2022 15:09 (UTC +04:00)
Azerbaijani Finance Ministry to auction off public bonds
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, November 10. 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 November 15, Trend reports on November 10 via 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.

The interest payment dates are set for May 16, 2023, November 14, 2023, November 14, 2023, May 14, 2024, November 12, 2024, May 13, 2025, and November 11, 2025.

The principal payment deadline is November 11, 2025.

The placement underwriter is PASHA Capital Investment Company CJSC.

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