11:18 - 21.02.2020

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February 21, Fineko/abc.az. An auction for government medium-term bonds of the Ministry of Finance will be conducted at the Baku Stock Exchange.

ABC.AZ reports with reference to the BSE that the collection of orders in the auction will be carried out in accordance with the BSE trading regulations from 11 am to 12:30 am. The securities' ISIN code is AZ0106004788, the issue volume is AZN 25 million, the nominal value is 100 manats, the bond circulation period is 1,092 days, the interest yield is 7.5 %, and the maturity date is 21 February 2023. The underwriter is Pasha Kapital.

During the auction the acceptance of the non-competitive orders can be accepted with a condition of no more than 20% of the bond issue.