AZ0105029943 ISIN of the Ministry of Finance of the Republic of Azerbaijan at the Baku Stock Exchange on October 18, 2022, 15 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, 16 investors submitted 25 orders with a price interval of 90.2486 (10%) manat and 98.1487 (5.49%) manat.

According to the decision of the Ministry of Finance, the cut-off price and average weighted price of bonds were determined at 98.1487 (5.49%) manats. The total amount of orders at the nominal price is 106,120,100 manats, and the placed volume is 15,000,000 manats.Auction participants must fulfill their obligations to purchase bonds by October 19, 2022 (T+1). The bonds mature on October 15, 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.