TODAY.AZ / Business

Azerbaijani Finance Ministry to put bonds up for sale

13 September 2019 [10:35] - TODAY.AZ

By Trend


The Baku Stock Exchange (BSE) will hold an auction on the placement of short-term bonds of the Azerbaijani Finance Ministry worth 15 million manats on September 17, Trend reports referring to BSE.

Some 150,000 securities, with par value of 100 manats each and a maturity of 364 days, will be placed at the auction.

The maturity of the bonds is September 15, 2020.

During the auction, non-competitive bids may take up to 20 percent of the bond issue.

Azerbaijan’s PASHA Capital investment company will be the issue underwriter.

(1 USD = 1.7 AZN on September 12)

URL: http://www.today.az/news/business/186237.html

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