An auction for placement of medium-term state bonds worth 15 million manats and maturity period of 1,092 days of Azerbaijan’s Ministry of Finance was held at the Baku Stock Exchange (BSE), Trend reports referring to the BSE.
Four investors applied for bonds worth almost 12.57 million manats. The bonds worth almost 11.55 million manats were sold.
Stop-out price on competitive bids was 100 manats (9 percent) and the weighted average price was 100.0067 manats (8.9962 percent).
The deadline for the payment on bonds is Jan. 25, 2022.
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