17:49 - 28.12.2023

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December 28, Fineko/abc.az. On December 28, 2023, an auction was held on the Baku Stock Exchange for the placement of government short-term discount bonds of the Ministry of Finance with maturity of 1 year (364 days) in the amount of 150 million manats.

ABC.AZ was informed at the BSE that during the auction, 62 orders were submitted by 19 investors with price range of 91.5340 (9.2999%) manats and 94.5819 (5.76%) manats.

Under Finance Ministry’s decision, the cut-off price is set at 94.3689 (5.9999%) manats, and the weighted average price is 94.3778 (5.99%) manats. The last foreign exchange auction for one-year bonds was held on November 21, and the average price was 7.93%.

The total amount of orders at the nominal price was 335,295,200.00 manats, and the volume of applications placed was 137,700,000 manats.

The maturity date of the bonds is 26 December 2024.