AZ0106017947 ISIN of the Ministry of Finance of the Republic of Azerbaijan at the Baku Stock Exchange on October 25, 2022, 30 mln. an auction was held for placement of government medium-term bonds (DOI) in the amount of AZN, with a turnover period of 1092 days (effective day 973).
During the auction, 19 investors submitted 31 orders with a price interval of 93.7728 (7.9994%) manat and 97.7349 (6.4505%) manat.
According to the decision of the Ministry of Finance, the cut-off price of bonds is 94.2731 (7.7994%) manats, and the average weighted price is 95.0619 (7.4867%) manats. The total amount of orders at the nominal price is 109,651,200 manats, and the placed volume is 45,000,000 manats.
The bonds mature on June 24, 2025.
Auction participants must fulfill their obligations on the purchase of bonds by October 26, 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.
