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Azerbaijan's Finance Ministry to auction manat bonds

25 January 2019 12:48 (UTC+04:00)
Azerbaijan's Finance Ministry to auction manat bonds

By 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) on Jan. 29, Trend reports referring to the BSE.

Some 150,000 bonds at a par value of 100 manats each and a maturity period of 1,092 days will be put up for the auction.

The maturity date for the bonds is Jan. 25, 2022.

Azerbaijani investment company PASHA Capital is the underwriter of the issuance.

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