An auction for Finance Ministry`s medium-term bonds to be held


May 14, Fineko/abc.az. An auction for government medium-term bonds of the Ministry of Finance will be organized at the Baku Stock Exchange.

ABC.AZ reports with reference to the BSE that the bond issue volume is AZN 20 million, the par value is 100 manats, the bond's circulation term is 728 days, and the interest yield is 11%. The maturity date is 17 May 2022. The bond placement underwriter is Paşa Kapital CJSC.

The interest payments (if available) will be carried out on 17 November 2020, 18 May 2021, 6 November 2021, and 17 May 2022.