Follow us:
  • Facebook
  • Twitter
  • Google+
  • AppStore
  • RSS
Azernews.Az
Saturday March 6 2021
  • Latest
  • Nation
  • World
  • Business
  • Oil & Gas
  • Armenian Aggression
  • Nagorno-karabakh conflict
  • Editorial
  • Analysis
  • Lifestyle
  • Events
  • Healthcare
  • Culture
  • Sports
  • Travel
Home
  • Home
  • Nation
  • World
  • Business
  • Oil & Gas
  • Armenian Aggression
  • Nagorno-karabakh conflict
  • Editorial
  • Analysis
  • Lifestyle
  • Events
  • Healthcare
  • Culture
  • Sports
  • Travel

Azerbaijani Finance Ministry auctions state medium-term bonds

27 January 2021 15:36 (UTC+04:00)
941

By Trend

The Baku Stock Exchange (BSE) hosted an auction on placement of state medium-term bonds of the Azerbaijan Finance Ministry for a total of 20 million manat ($11.8 million) on Jan. 26, 2021, Trend reports with reference to the stock exchange.

The circulation term is 1,092 days.

During the auction, 15 investors submitted 21 bids in the price range from 93.73 manat ($55.13) with a yield to maturity (YTM) of 9.97 percent to 100 manat ($58.8) with the YTM of 7.5 percent per bond.

According to the decision of the Finance Ministry, the cut-off price of bonds amounted to 97.4 manat ($57.3) with the YTM of 8.5 percent, and the weighted average price was 97.8 manat ($57.5) with the YTM of 8.33 percent.

The total amount of orders at nominal prices amounted to over 62.5 million manat ($36.8 million), and the placement volume – 6.9 million manat ($4.05 million).

The maturity date of the bonds is Jan. 23, 2024.

If during the auction the demand for government bonds exceeds the supply and the price is satisfied by the issuer, the volume of bonds offered by the issuer may be increased up to 50 percent.

Auction participants must fulfill their obligations to purchase bonds till Jan. 27, 2021.

--

Follow us on Twitter @AzerNewsAz  

  • #BAKU STOCK EXCHANGE (BSE)
  • #AZERBAIJANI FINANCE MINISTRY

Related News

Finance Ministry to put up medium-term bonds for auction

Finance Ministry to put up medium-term bonds for auction

27 February 17:35
Demand for notes of CBA exceeds supply

Demand for notes of CBA exceeds supply

24 February 17:50
Azerbaijani Finance Ministry’s securities in great demand at Baku Stock Exchange

Azerbaijani Finance Ministry’s securities in great demand at Baku Stock Exchange

16 February 21:00
Demand for CBA's short-term notes continues to exceed supply

Demand for CBA's short-term notes continues to exceed supply

10 February 16:44
Bonds of Azerbaijani Finance Ministry show notable demand at exchange auction

Bonds of Azerbaijani Finance Ministry show notable demand at exchange auction

10 February 16:17
Demand for Azerbaijani CBA's short-term notes exceeds supply fourfold

Demand for Azerbaijani CBA's short-term notes exceeds supply fourfold

27 January 18:23
Azerbaijani Finance Ministry to auction mid-term bonds

Azerbaijani Finance Ministry to auction mid-term bonds

18 January 18:00
Azerbaijani Finance Ministry’s securities in great demand at Baku Stock Exchange

Azerbaijani Finance Ministry’s securities in great demand at Baku Stock Exchange

12 January 20:00
Azerbaijani Finance Ministry to take measures to apply law on state budget for 2021

Azerbaijani Finance Ministry to take measures to apply law on state budget for 2021

11 January 12:15
Baku Stock Exchange holds first auction in 2021on placement of Central Bank's notes

Baku Stock Exchange holds first auction in 2021on placement of Central Bank's notes

6 January 18:32
  • Latest
  • Popular
5 March 19:45 • Azerbaijan may apply quarantine measures if COVID-19 infections continue to increase
5 March 19:27 • Sunny weather expected on Saturday
5 March 19:10 • Azerbaijani PM expresses condolences to Turkish VP over helicopter crash
5 March 18:52 • Azercell reveals the “Victory Year”s results
5 March 18:38 • MoD shares video from Aghdam's Taghybayli village [VIDEO]
5 March 18:29 • Azerbaijan holds auction for public property facilities
5 March 18:25 • Azerbaijan eyes to start employment promotion activities in liberated areas
5 March 18:14 • Economy Minister highlights country's progress in terms of economic freedom
5 March 17:41 • Heydar Aliyev Foundation contributes to protection of world and religious heritage in Vatican
5 March 17:27 • Azerbaijani State Security Service shares grief of death of Turkish servicemen
5 March 17:23 • U.S. Congressman commemorates victims of Khojaly genocide
5 March 17:11 • Armenia once again demonstrates that it is far from sound thinking - Azerbaijani Foreign Ministry
5 March 17:10 • Police seize Armenian munitions in liberated Shusha
5 March 16:54 • US experts visit war-torn areas of Azerbaijan's Tartar [PHOTO]
5 March 16:52 • Mehriban Aliyeva appointed as first deputy chairperson of ruling New Azerbaijan Party
5 March 16:39 • Azerbaijan hands over to Armenia remains of two servicemen
5 March 16:15 • More houses, apartments given to martyrs' families, disabled war veterans
5 March 15:59 • Azerbaijani oil prices on the rise
5 March 15:38 • Azerbaijan's Aghdam - now huge field of ruins, BBC report says [VIDEO]
5 March 15:10 • Azerbaijan, Qatar eye economic cooperation development
5 March 12:14 • Culture Minister meets with art figures in Istanbul [UPDATE]
5 March 12:33 • President Aliyev invites ECO members to join new transport corridor in S. Caucasus [UPDATE]
5 March 10:45 • Azerbaijan doing everything to create new transport infrastructure in South Caucasus – Russian analyst
5 March 11:24 • Demining of Azerbaijani lands complicated by Armenia’s refusal to provide maps of minefields - Expert
5 March 11:40 • Azerbaijan Railways boost volume of transit freight traffic in 2020
5 March 11:00 • Azerbaijan extends condolences to Turkey over deadly helicopter crash
5 March 12:40 • Azerbaijan, Argentina mull export, investment cooperation
5 March 12:18 • Azerbaijan, Turkey exchange views on cultural ties [PHOTO]
5 March 10:00 • Azerbaijani-Iranian talks underway to open joint customs checkpoint
5 March 18:52 • Azercell reveals the “Victory Year”s results
5 March 15:10 • Azerbaijan, Qatar eye economic cooperation development
5 March 11:59 • National futsal team gains another victory [PHOTO]
5 March 16:52 • Mehriban Aliyeva appointed as first deputy chairperson of ruling New Azerbaijan Party
5 March 14:30 • Azerbaijan names amount of compensations paid to closed banks' depositors
5 March 11:12 • Long-awaited end to Karabakh conflict creates new opportunities - Former US ambassador to Azerbaijan
5 March 13:15 • Azerbaijan celebrates Day of Physical Culture and Sports [PHOTO]
5 March 13:45 • New plant to be commissioned in Baku
5 March 12:50 • Ruling New Azerbaijan Party holds extraordinary congress [PHOTO]
5 March 10:15 • Azerbaijan shows footage from Zangilan`s Kechikli village [VIDEO]
5 March 17:23 • U.S. Congressman commemorates victims of Khojaly genocide
See more
AzerNews Newspaper
AzerNews
  • Facebook
  • Twitter
  • Google+
  • RSS

Information

About us Contacts Advertising Azernews In Print

News Archive

© 2021 AzerNews. All rights reserved