12:39 - 7.02.2020

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February 7, Fineko/abc.az. An auction for the placement of government short-term bonds of the Ministry of Finance.

ABC.AZ reports that the auction will be held at the Baku Stock Exchange on 11 February.

The orders will be collected at the auction in accordance with the BSE trading regulations from 11 am till 12:30 am. According to the parameters of the bond issue, ISIN code of securities is AZ0104002776, the issue volume is AZN 10 million, nominal value is 100 manats, and circulation term 364 days.

The maturity date of the notes is 9 February 2021, and Pasha Capital is the placement underwriter.

It should be noted that non-competitive orders may be accepted during the auction, provided that no more than 20% of the bond issue is accepted.