Finance Ministry to place bonds for AZN 30 million


October 5, Fineko/ The Ministry of Finance of Azerbaijan will hold through the Baku Stock Exchange (BSE) an auction on placement of medium-term government bonds.

The BSE informs that the auction on the sale of the bonds for AZN 30 million with par value 100 manat each will be conducted on 9 October.

"The bond turnover term will be 728 days and interest rate will be 8%. The placement underwriter is PASHA Capital," the BSE said.