On August 18th, 2020 from 11:00 to 12:30 an auction on placement of bonds of Ministry of Finance of the Republic of Azerbaijan will be held on BSE.

The state registration number

AZ0106016782

Auction Volume

20 000 000 AZN

Face value 

100 АZN

Turnover period

                                                         1092 days

The maturity date

15.08.2023

Underwriter

Pasha Capital CJSC

                  

Note: Total number of bids (1 competitive and 1 noncompetitive) presented by each bank should not exceed 2.

In addition, the Issuer may not accept such orders if the volume of orders placed by the auction participants for the purchase of bonds is less than 30% of the volume of bonds put up for auction by the Issuer.

If the demand for government bonds exceeds the supply during the auction and the price satisfies the Issuer, the volume of bonds offered by the Issuer may be increased up to 50 %

During the auction, total amount of non-competitive orders should not exceed 20 percent of issue amount.