BAKU, Azerbaijan, January 26. The Baku Stock Exchange (BSE) will host an auction to place the Azerbaijani Finance Ministry's bonds for a total of 50 million manat ($29.4 million) on January 31, Trend reports citing the BSE.
Bonds with a nominal value of 100 manat ($58.8) each with a maturity of 1,092 days and with a yield of 7 percent will be put up for auction.
The interest payment dates are set for August 1, 2023, January 30, 2024, July 30, 2024, January 28, 2025, July 29, 2025, and January 27, 2026.
The principal payment deadline is January 27, 2026.
The placement underwriter is PASHA Capital Investment Company CJSC.