Finance Ministry to conduct an auction - volume of issue is AZN 25 million


November 14, Fineko/abc.az. An auction for Finance Ministry’s bonds will be organized.

ABC.AZ informs that the auction on government short-term bonds of the Ministry will be conducted at the Baku Stock Exchange on 19 November. The issue volume is AZN 25 million, nominal value 100 manats, circulation term 364 days and maturity date is 17 November. The placement underwriter is Pasha Kapital. Non-competitive orders for no more than 20% of the bond issue may be accepted during the auction.