AZ0108018943 ISIN of the Ministry of Finance of the Republic of Azerbaijan at the Baku Stock Exchange on July 5, 2022, 30 mln. an auction was held for the placement of government medium-term bonds (MOBs) with a circulation period of 1820 days in the amount of AZN.

During the auction, 5 orders with a price range of AZN 88.1309 (9%) and AZN 95.8830 (6.9898%) were submitted by 3 investors.

According to the decision of the Ministry of Finance, the cut-off price of bonds is 93.8404 AZN (7.5%), the average weighted price is 94.4554 AZN (7.3449%). The total amount of orders at the nominal price was 46,249,800 AZN, and the placed volume was 12,443,500 AZN.

The bonds mature on June 29, 2027. Auction participants must fulfill their obligations on the purchase of bonds by July 6, 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.