AZ0106022947 ISIN of the Ministry of Finance of the Republic of Azerbaijan on the Baku Stock Exchange on August 9, 2022, 30 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, 19 investors submitted 28 orders with a price interval of AZN 89.6842 (9%) and AZN 98.6345 (5.4999%).

According to the decision of the Ministry of Finance, the cut-off price of bonds is 96.2593 (6.3899%) manats, and the average weighted price is 97.3489 (5.9784%) manats. The total amount of orders at the nominal price is 108,278,300.00 manats, and the placed volume is 39,500,400 manats.

The bonds mature on August 5, 2025.

Auction participants must fulfill their obligations on the purchase of bonds by August 10, 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.