(MENAFN- Trend News Agency)
BAKU, Azerbaijan, December 6. The Baku Stock
Exchange (BSE) held an auction on the placement of the Azerbaijani
Finance Ministry's public bonds with a circulation period of 1,092
days on December 6, trend reports via the BSE.
According to the exchange, 22 investors submitted 36 bids in the
price range from 93.2 manat or $54.84 (8.46 percent) to 95.84 manat
or $56.4 (7.4 percent) during the auction.
In accordance with the ministry's decision, the cut-off price of
public bonds were set at 95.3 manat or $56.08 (7.6 percent), the
average weighted price stood at 95.45 manat or $56.17 (7.56
The total amount of bids at nominal prices amounted to 162.9
million manat ($95.86 million), while the placement volume totaled
25 million manat ($14.7 million).
The maturity date of the bonds is June 24, 2025.
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.