Azerbaijan’s Finance Ministry to sell manat bonds
By Trend
On May 22, the Baku stock exchange (BSE) will hold an auction to place short-term manat bonds of the Ministry of Finance of Azerbaijan in the amount of 35 million, the BSE said in a statement.
Some 350,000 bonds with a nominal value of 100 manat each and a circulation period of 364 days will be put up for auction. The payment term for the bonds is May 21, 2019.
The investment company PASHA Capital will be the underwriter of the emission.
The official rate as of May 19 is 1.7 AZN / USD.
---
Follow us on Twitter @AzerNewsAz
Here we are to serve you with news right now. It does not cost much, but worth your attention.
Choose to support open, independent, quality journalism and subscribe on a monthly basis.
By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!