An auction on Finance Ministry`s bonds held today


April 21, Fineco/abc.az. An auction for the placement of government short-term bonds of the Ministry of Finance with state registration number AZ0104004772 and 364-day circulation term has been organized at the Baku Stock Exchange today, ABC.AZ was informed at the BSE.

During the auction 10 investors submitted 15 orders with the price range of AZN 88.5514 (13.00%) and AZN 93.4916 (6.99%).

Under Ministry’s decision, the weighted average price of the bonds is set at the level of AZN 93.4916 (6.99%) and the weighted average price at AZN 93.4916 (6.99%). The nominal price of the orders was AZN 71.1 million, and the volume of the placed orders AZN 20 million.

The maturity date of the bonds is 20 April 2021.