AZ0108024941 ISIN of the Ministry of Finance of the Republic of Azerbaijan at the Baku Stock Exchange on September 6, 2022, 10 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, 19 orders with a price interval of 86.3213 (9.5%) manat and 93.8803 (7.4899%) manat were submitted by 10 investors.

According to the decision of the Ministry of Finance, the cut-off price of bonds is 91.9276 (7.99%) manats, and the average weighted price is 92.8792 (7.7447%) manats. The total amount of orders at the nominal price is 30,698,500 manats, and the placed volume is 10,000,000 manats.

The bonds mature on August 31, 2027.

Auction participants must fulfill their obligations on the purchase of bonds by September 7, 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.