17:55 - 3.03.2020

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March 3, Fineko/abc.az. An auction for the placement of state medium-term bonds of the Ministry of Finance with ISIN code AZ0105005786, in the amount of AZN 15 million and circulation term of 728 days has been held at the Baku Stock Exchange.

ABC.AZ was informed on the occasion at the BSE.

Eight investors submitted 13 orders with price range of AZN 94.6187 (9%) and AZN 101.5202 (5.1899%).

Under MoF’s decision, the average bond price is set at AZN 101.5202 (5.1899%). The nominal value of applications was AZN 42.299 million, and the placed volume was AZN 15 million. The bonds will be redeemed on 1 March 2022.