On January 15, 2024, an auction will be held on the State Short-term Bonds of the Ministry of Finance at the Baku Stock Exchange. The collection of orders during the auction will be organized from 10:00 to 11:00 in accordance with the trading regulations of BSE.

Information on bond issue parameters is given in the table below:

The state registration number

AZ0101060017

Auction Volume

100 000 000 AZN

Face value 

100 АZN

Turnover period

364 days

The maturity date     

13.01.2025

Underwriter

Pasha Capital CJSC

                  

During the auction, non-competitive orders are allowed, provided they do not exceed 20% of the bond issue.

In addition, if the volume of orders placed by auction participants for the purchase of bonds is lower than 20% of the volume of bonds auctioned by the Issuer, the Issuer may not accept these orders. If the demand for government bonds exceeds the offer at the auction and the price satisfies the Issuer, the amount of bonds offered by the Issuer may be increased by up to 50 percent.

Those interested in participating in the auction can apply to investment companies that are members of the stock exchange. The contact details of the exchange members are placed in the "Members" section of the BSE website (www.bfb.az).