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Azerbaijan's Ministry of Finance to auction off gov't bonds

Finance Materials 17 November 2022 18:39 (UTC +04:00)
Azerbaijan's Ministry of Finance to auction off gov't bonds
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, November 17. 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 ($11.76 million) on November 22, Trend reports citing the BSE.

Bonds of 100 manat ($58.83) 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 May 23, 2023, November 21, 2023, May 21, 2024, and November 19, 2024.

The principal payment deadline is November 19, 2024.

The placement underwriter is PASHA Capital Investment Company CJSC.

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