On May 10th, 2022 placement of T-bonds of the Ministry of Finance with the ISIN of AZ0104001935 was carried out at Baku Stock Exchange.
During the auction, 19 orders with price ranges of 94.3543 AZN (6.0164%) and 97.1405 AZN (2.9598%) were submitted by 11 investors.
The Ministry of Finance set the cut-off price in the amount of AZN 97.0092 (3.0999%) and the weighted average price in the amount of AZN 97.0626 (3.0429%).
The total amount of orders at face value was AZN 95,346,500.00, and the volume placed was AZN 22,500,000.00.
The maturity date of the bonds is 09.05.2023.
Bidders must fulfill their obligations to purchase bonds by May 11, 2022.
Note: The volume of bonds offered by the Issuer may be increased up to 50 percent if the demand for government bonds exceeds the supply during the auction and the price satisfies the Issuer.
