An auction on Finance Ministry’s bonds placement to be held

12:36 - 5.08.2021


August 5, Fineko/abc.az. An auction for the placement of government medium-term bonds of the Ministry of Finance will be held at the Baku Stock Exchange (BSE) on 10 August.

ABC.AZ reports with reference to the BSE that the total volume of the bonds is AZN 10 million, the nominal value is 100 manats, the interest rate is 6%, the circulation period is 728 days. The bonds will be redeemed on 8 August 2023. Investment company PASHA Capital acts as an underwriter.

Persons interested in participating in the auction can apply to BSE member investment companies. The contacts of the Exchange’s members are posted on the BSE website (www.bfb.az) in section “Participants”.

 

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