Auction for AZN 15 million bond issue to be held this month


December 12, Fineko/abc.az. An auction on government short-term bonds of the Ministry of Finance is to be conducted.

ABC.AZ was reported from the Baku Stock Exchange that the collection of bids during the auction to be held on 17 December will be organized from 11 am till 12:30 pm in accordance with the BSE trading regulations. The securities with ISIN-code AZ0104012742, issue volume for AZN 15 million, nominal value of 100 manats, circulation term of 364 days, and the maturity date of 15 December 2020 will be placed in the auction. The bond placement underwriter will be PASHA Capital CJSC.

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