Finance Ministry to place bonds for AZN 15 million on 21 May


May 16, Fineko/abc.az. The Ministry of Finance of Azerbaijan will hold an auction through the Baku Stock Exchange on placement of state medium-term bonds.

The BSE reports that the auction for the sale of the bonds with ISIN code AZ0106009753 for AZN 15 million will be organized on 21 May.

"The nominal value of the bond is 100 manats. The turnover period of the bonds will be 1,092 days and the interest yield 9%. The placement underwriter is PASHA Capital," the BSE informed.