17:56 - 24.12.2019

---

December 24, Fineko/abc.az. An auction of bonds of the Ministry of Finance has been conducted today.

According to the data ABC.AZ received from the Baku Stock Exchange, the BSE held an auction for the placement of Finance Ministry’s state medium-term bonds with ISIN-code AZ0106024752 in the amount of AZN 10 million with circulation term of 1,092 days.

During the auction 11 investors submitted 19 bids with price range of 97.4417 manats (9.5000%) and 102.6428 manats (7.4999%).

Under Ministry’s decision, the average weighted price of the bonds amounted to AZN 101.8408 manats (7.7999%), the average weighted price – 102.0495 manats (7.7216%). The total amount of orders at nominal prices amounted to AZN 40.912 million, and the volume of bonds placed – AZN 10 million.

The bonds will be paid on 20 December 2022.