Another auction to be held - issue volume is AZN 15 million


November 21, Fineko/abc.az. An auction on government medium-term bonds of the Ministry of Finance will be held at the Baku Stock Exchange.

ABC.AZ reports that the collection of bids during the auction will be organized from 11 am till 12:30 pm in accordance with the BSE trading regulations. The volume of issue of securities with ISIN-code AZ0106022756 will be AZN 15 million, nominal value 100 manats, maturity of bonds – 1,092 days, interest yield of 8.5%, maturity date – 22 November 2022. The underwriter will be Pasha Kapital.

During the auction the non-competitive orders may be accepted for no more than 20% of the bond issue.