Follow us:
  • Facebook
  • Twitter
  • Google+
  • AppStore
  • RSS
Azernews.Az
Sunday April 11 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

Finance Ministry to put up medium-term bonds for auction

27 February 2021 17:35 (UTC+04:00)
1 696

By Trend

The Baku Stock Exchange (BSE) will host an auction on the placement of state medium-term bonds of the Ministry of Finance of Azerbaijan for a total of 30 million manat ($17.6 million) on March 2, 2021, Trend reports citing the BSE.

Bonds with a face value of 100 manat ($58.8) with a circulation period of 1,092 days and a yield of 7.5 percent will be offered at the auction.

Interest payment dates (if any) are set for August 31, 2021, March 1, 2022, August 30, 2022, February 28, 2023, August 29, 2023 and February 27, 2024.

The due date for the bonds is February 27, 2024.

The underwriter for the issue of government bonds of the Ministry of Finance of Azerbaijan is the Pasha Kapital investment company.

During the auction, acceptance of non-competitive orders is allowed, provided that the bond issue does not exceed 20 percent. Besides, the issuer may not accept these orders if the volume of orders issued by the auction participants for the purchase of bonds is less than 20 percent of the volume of bonds issued by the issuer at the auction.

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

In 2021, the Ministry of Finance of Azerbaijan plans to issue 17 million bonds, the amount of which is estimated at 1.7 billion manat ($1 billion).

--

Follow us on Twitter @AzerNewsAz

 

  • #BAKU STOCK EXCHANGE (BSE)

Related News

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 auctions state medium-term bonds

Azerbaijani Finance Ministry auctions state medium-term bonds

27 January 15:36
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
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
Demand for Azerbaijani CBA's notes appreciably tops supply

Demand for Azerbaijani CBA's notes appreciably tops supply

30 December 2020 17:52
  • Latest
  • Popular
18:40 • Azerbaijan confirms 2,414 more COVID-19 cases, 1,695 recoveries
18:32 • Top official says Ganja missile strike orderers responsible for war crimes
17:52 • Hungarian official: Glad to see that Nagorno-Karabakh conflict is over
17:39 • Uzbek media official says Azerbaijan moving to new development stage
17:22 • Azerbaijan showed great heroism during Karabakh war - Turkish Presidential Administration rep [VIDEO]
16:47 • Turkic Council delegation members visit Ganja
16:34 • Azerbaijan's Aghdam - clear example of urbicide, says top official (PHOTO)
16:25 • Presidential aide: Goal of Turkic Council’s delegation's visit to Aghdam was to see Armenian savagery
15:48 • Azerbaijani Finance Ministry to auction mid-term government bonds
15:34 • Delegation of Turkic Council visits Azerbaijan’s Aghdam Juma Mosque (PHOTO/VIDEO)
15:04 • Turkic Council delegation members review Armenian-destroyed Aghdam Drama Theatre building
14:53 • Turkish Presidential Administration rep: Situation in Azerbaijan’s Aghdam district - unprecedented barbarism
13:20 • Delegation of Turkic Council visits Imarat cemetery destroyed by Armenians (PHOTO/VIDEO)
12:45 • President Ilham Aliyev plays very important consolidating role in Turkic Council - SecGen
12:07 • Turkic Council delegation members visit liberated Aghdam
11:39 • Weekly review of Azerbaijani precious metals market
11:16 • Azerbaijani MoD shows footage from Fuzuli's Ashaghi Rafadinli village (VIDEO)
10:47 • Uzbekistan ready for active involvement in Karabakh's restoration
10:33 • Azercell’s “Kabinetim” mobile app exceeded 1 million downloads
09:59 • Azerbaijan supports coordinated media cooperation within Turkic Council
10:33 • Azercell’s “Kabinetim” mobile app exceeded 1 million downloads
10:47 • Uzbekistan ready for active involvement in Karabakh's restoration
11:39 • Weekly review of Azerbaijani precious metals market
09:59 • Azerbaijan supports coordinated media cooperation within Turkic Council
12:45 • President Ilham Aliyev plays very important consolidating role in Turkic Council - SecGen
11:16 • Azerbaijani MoD shows footage from Fuzuli's Ashaghi Rafadinli village (VIDEO)
12:07 • Turkic Council delegation members visit liberated Aghdam
14:53 • Turkish Presidential Administration rep: Situation in Azerbaijan’s Aghdam district - unprecedented barbarism
13:20 • Delegation of Turkic Council visits Imarat cemetery destroyed by Armenians (PHOTO/VIDEO)
15:34 • Delegation of Turkic Council visits Azerbaijan’s Aghdam Juma Mosque (PHOTO/VIDEO)
17:52 • Hungarian official: Glad to see that Nagorno-Karabakh conflict is over
15:48 • Azerbaijani Finance Ministry to auction mid-term government bonds
17:39 • Uzbek media official says Azerbaijan moving to new development stage
18:32 • Top official says Ganja missile strike orderers responsible for war crimes
16:25 • Presidential aide: Goal of Turkic Council’s delegation's visit to Aghdam was to see Armenian savagery
16:34 • Azerbaijan's Aghdam - clear example of urbicide, says top official (PHOTO)
18:40 • Azerbaijan confirms 2,414 more COVID-19 cases, 1,695 recoveries
17:22 • Azerbaijan showed great heroism during Karabakh war - Turkish Presidential Administration rep [VIDEO]
15:04 • Turkic Council delegation members review Armenian-destroyed Aghdam Drama Theatre building
16:47 • Turkic Council delegation members visit Ganja
See more
AzerNews Newspaper
AzerNews
  • Facebook
  • Twitter
  • Google+
  • RSS

Information

About us Contacts Advertising Azernews In Print

News Archive

© 2021 AzerNews. All rights reserved