Azerbaijan’s Finance Ministry to auction manat bonds

  01 December 2017    Read: 783
Azerbaijan’s Finance Ministry to auction manat bonds

An auction for placement of 20 million manats worth medium-term bonds of Azerbaijan’s Ministry of Finance will be held at the Baku Stock Exchange (BSE) Dec. 5, the BSE said Dec. 1.

Some 200,000 bonds at a par value of 100 manats each and maturity period of 1,092 days will be put up for auction.

Azerbaijani investment company PASHA Capital is the underwriter of the issuance.

(1.7001 manats = $1 on Dec. 1)

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