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Azerbaijan's Finance Ministry to auction off government bonds

Finance Materials 1 December 2022 15:59 (UTC +04:00)
Azerbaijan's Finance Ministry to auction off government bonds
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, December 1. The Baku Stock Exchange (BSE) will host an auction to place bonds of Azerbaijan's Ministry of Finance for a total of 25 million manat ($14 million) on December 6, Trend reports citing the BSE.

Bonds of 100 manat ($58.8) with a circulation period of 1,092 days and a yield of 4.5 percent will be put up for auction.

Interest payment dates are set for December 21, 2022, June 27, 2023, December 26, 2023, June 25, 2024, December 24, 2024, and June 24, 2025.

The placement underwriter is PASHA Capital Investment Company CJSC.

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