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Azerbaijan's Finance Ministry to put up gov't bonds for auction

Finance Materials 8 September 2022 18:19
Baku, Azerbaijan Trend News Agency
Azerbaijan's Finance Ministry to put up gov't bonds for auction

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 September 13, Trend reports citing the BSE.

Bonds of 100 manat ($58.7) with a circulation period of 1,092 days and a yield of five percent will be put up for auction.

Interest payment dates are set for March 14, 2023, September 12, 2023, March 12, 2024, September 10, 2024, March 11, 2025, and September 9, 2025.

The principal payment deadline is September 9, 2025.

The placement underwriter is PASHA Capital Investment Company CJSC.

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