An auction to be arranged on Finance Ministry’s treasury bonds


August 14, Fineko/abc.az. An auction on the placement of government medium-term treasury bonds of the Ministry of Finance will be held at the Baku Stock Exchange on 18 August, ABC.AZ was informed at the BSE.

The total volume of interest-bearing, medium-term government bonds is AZN 20 million, the nominal value is 100 manats, the circulation period is 1,092 days, and the interest yield is 9%. The bonds will be redeemed on 15 August 2023. Investment company PASHA Capital acts as an underwriter.

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