On November 15, 2022, AZ0106031948 ISIN of the Ministry of Finance of the Republic of Azerbaijan, 50 mln. an auction was held for the placement of government medium-term bonds (DOI) with a turnover of 1092 days in the amount of AZN.
During the auction, 16 investors submitted 26 orders with a price interval of 89.9744 (8.8799%) manat and 93.6475 (7.4%) manat. During the auction, 31 orders with a price range of 90.9249 manats (8.4900%) and 95.1885 manats (6.800) were submitted by 19 investors.
According to the decision of the Ministry of Finance, the cut-off price of bonds is 91.5160 (8.25%) manat, and the average weighted price is 92.0179 (8.0477%) manat. The total amount of orders at the nominal price is 204,679,000 manats, and the placed volume is 75,000,000 manats.
The maturity date of the bonds is November 11, 2025.
Auction participants must fulfill their obligations on the purchase of bonds by November 16, 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.
