Auction for Finance Ministry’s medium-term bonds held

17:43 - 31.08.2021

August 31, Fineko/abc.az. An auction has been conducted at the Baku Stock Exchange for the placement of state medium-term bonds of the Ministry of Finance of Azerbaijan with ISIN code AZ0106027888, in the amount of AZN 10 million and with circulation period of 1,092 days.

ABC.AZ reports that during the auction 19 orders were placed by 13 investors with price range of AZN 96.0683 (8%) and AZN 103.2889 (5.2998%).

According to Ministry’s decision, the cut–off price of the bonds is defined at AZN 103.1492 (5.3498%) and the weighted average price at AZN 103.2462 (5.315%).

 

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