Finance Ministry to place today bonds for AZN 20 million with yield of 8%


July 16, Fineko/abc.az. The Ministry of Finance of Azerbaijan will hold an auction for placement of state medium-term bonds through the Baku Stock Exchange (BSE).

The BSE informs that the auction for the sale of the bonds with ISIN code AZ0105013756 for AZN 20 million will be organized on 16 July.

"The par value of the bond is 100 manats, the turnover period will be 728 days, and the interest yield will be 8%. The underwriter of the bond placement is PASHA Capital," the BSE says in a statement.