AZ0105023946 ISIN of the Ministry of Finance of the Republic of Azerbaijan on the Baku Stock Exchange on August 16, 2022, 10 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, 24 orders with a price interval of 95,587 AZN (6.9%) and 98.7236 AZN (5.18%) were submitted by 15 investors.
According to the decision of the Ministry of Finance, the cut-off price of bonds is 98.1487 AZN (5.49%), and the average weighted price is 98.3618 AZN (5.3748%). The total amount of orders at the nominal price is 66,422,800.00 manats, and the placed volume is 15,000,000.00 manats.
Auction participants must fulfill their obligations to purchase bonds by August 17, 2022 (T+1). The bonds mature on August 13, 2024.
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.
