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 Sept. 17, AzVision.az 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 Sept. 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 Sept. 12)
More about: Finance Azerbaijan
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