AZ0105026949 ISIN of the Ministry of Finance of the Republic of Azerbaijan at the Baku Stock Exchange on September 20, 2022, 10 mln. an auction was held for the placement of government medium-term bonds (MOBs) with a maturity of 728 days in the amount of AZN.

During the auction, the price interval was presented by the price interval 97.0298 (6.1%) manat and 24 orders with 98,5377 (5.28%) manat.

According to the decision of the Ministry of Finance, the cut-off price of bonds is 98.1487 (5.49%) manats, and the average weighted price is 98.4190 (5.344%) manats. The total amount of orders at the nominal price is 52,043,500.00 manats, and the placed volume is 15,000,000.00 manats.

Auction participants must fulfill their obligations to purchase bonds by September 21, 2022 (T+1). The bonds mature on September 17, 2024.

Note: The volume of bonds offered by the Issuer can be increased up to 50 percent if the demand for government bonds exceeds the offer during the auction and the price satisfies the Issuer.