Finance Ministry to hold another auction

17:31 - 30.01.2020


January 30, Fineko/abc.az. One more auction for the placement of bonds of the Ministry of Finance is to take place.

ABC.AZ reports that the auction will be held at the Baku Stock Exchange on 4 February.

Collection of orders at the auction will be held in accordance with the BSE trading regulations from 11 am till 12:30 pm hours. The securities' ISIN code is AZ0105003781, the issue volume is AZN 15 million, the nominal value is 100 manats, the bond's maturity 728 days, the interest yield 6.5%, and the maturity date is 1 February 2022. PASHA Capital is the placement underwriter.

During the auction the non-competitive bids can be accepted with a condition of no more than 20% of the bond issue.

 

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