Ministry of Finance places issue of bonds worth 10 mln. AZN

Demand in the auction was oversubscribed by 3.6 times

Baku. 15 March. REPORT.AZ/ Today, Baku Stock Exchange hosted an auction on placement of the government bonds in the amount of 10.0 mln AZN with a maturity of 182 days by the Ministry of Finance.

Report informs citing the Ministry of Finance, total amount of bids from investors in nominal terms amounted to 35.8 million AZN. Demand is provided with an annual yield of 15.22% to 10 mln. AZN.

Notably, maturity date of the bonds is 13 September 2016.

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