AZ0201040208 ISIN of the Ministry of Finance of the Republic of Azerbaijan on the Baku Stock Exchange on August 15, 2023, 80 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, 30 investors submitted 64 orders with a price interval of 84.92800 (15%) manat and 96.7300 (7.7974%) manat.
According to the decision of the Ministry of Finance, the cut-off price of bonds is 95.9284 (8.2499%) manats, and the average weighted price is 96.2802 (8.0507%) manats. The total amount of orders at the nominal price was 345,305,400 manats, and the placed volume was 120,000,000 manats.
Auction participants must fulfill their obligations to purchase bonds by August 16, 2023 (T+1). The bonds mature on August 12, 2025.
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.
