Auction for Finance Ministry`s bonds to be held


April 16, Fineko/abc.az. An auction for government short-term bonds of the Ministry of Finance will be conducted at the Baku Stock Exchange.

ABC.AZ reports with reference to the BSE that the volume of discount, short-term government bonds is AZN 20 million, with par value of 100 manats, and the maturity of the bonds is 364 days. The bonds will be redeemed on 20 April. Pasha Capital is the acts the bonds placement underwriter.

Non-competitive bids may be accepted during the auction, provided that the bond issue does not exceed 20%.

Means of communication with the BSE members are available on the BSE website (www.bfb.az) in section ‘Members’.