AZ0106017947 ISIN of the Ministry of Finance of the Republic of Azerbaijan on the Baku Stock Exchange on August 23, 2022, 30 mln. an auction was held for the placement of government medium-term bonds (DOI) in the amount of AZN, with a circulation period of 1092 days (effective day 1036).

During the auction, 28 orders with a price interval of 93.2777 manats (7.8512%) and 100 manats (5.2806%) were submitted by 18 investors.

According to the decision of the Ministry of Finance, the cut-off price of bonds is 96.9302 manats (6.4273%), and the average weighted price is 97.7278 manats (6.1252%). The total amount of orders at the nominal price is 105,609,100 manats, and the placed volume is 45,000,000 manats.

The bonds mature on June 24, 2025.

Auction participants must fulfill their obligations on the purchase of bonds by August 24, 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.