Finance Ministry to place bonds for AZN 25 million on 30 July


July 24, Fineko/ The Ministry of Finance of Azerbaijan will hold an auction on state medium-term bonds through the Baku Stock Exchange.

The BSE informs that the auction for sale of the bonds with ISIN code AZ0105014754 and in the amount of AZN 25 million will be organized on 30 July.

"The par value of the bond is 100 manats, the turnover period 728 days, and interest yield 8%. The placement underwriter is PASHA Capital," the BSE says in a statement.