Azerbaijan’s Finance Ministry to auction manat bonds
Trend:
An auction for placement of 15 million manats worth medium-term bonds of Azerbaijan’s Ministry of Finance will be held at the Baku Stock Exchange (BSE) Aug. 28, the BSE said Aug. 25.
Some 150,000 bonds at a par value of 100 manats each, annual rate of 9 percent and maturity period of 1,092 days will be put up for auction. The maturity date for the bonds is Aug. 24, 2021.
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