AZ0108027944 ISIN of the Ministry of Finance of the Republic of Azerbaijan at the Baku Stock Exchange on October 4th, 2022, 20 mln. an auction was held for the placement of government medium-term bonds (MOBs) with a circulation period of 1820 days in the amount of AZN.
During the auction, 10 orders with a price interval of 84.5565 (10 %)manat and 91.9669 (7.9798%) manat were submitted by 7 investors.
According to the decision of the Ministry of Finance, the cut-off price of bonds is 88.1309 AZN (9 %) manats, and the average weighted price is 89.0106 (8.7613%) manats. The total amount of orders at the nominal price is 32,749,000 manats, and the placed volume is 14,420,900 manats.
The bonds mature on September 28, 2027.
Auction participants must fulfill their obligations on the purchase of bonds by October 5, 2022.
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.
