Azerbaijani Finance Ministry to put medium-term bonds up for sale
By Trend
The Baku Stock Exchange (BSE) will hold an auction on the placement of medium-term bonds of the Azerbaijani Finance Ministry worth 15 million manats on Sept. 24 from 11:00 (GMT +4) until 12:30, Trend reports referring to BSE.
Securities, with par value of 100 manats each, interest rate of 8.5 percent per annum and a maturity of 1,092 days, will be placed at the auction.
The maturity of the bonds is Sept. 20, 2022.
Azerbaijan’s PASHA Capital investment company will be the issue underwriter.
(1 USD = 1.7 AZN on Sept. 19)
---
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!