BAKU, Azerbaijan, Might 8
By Zeyni Jafarov – Pattern:
The Baku Inventory Alternate (BSE) held an public sale on the position of medium-term bonds of the Azerbaijani Ministry of Finance within the quantity of 10 million manat ($5.8 million) on April 27, 2021, Pattern experiences citing the BSE.
The time period of maturity is 1,816 days.
In the course of the public sale, 16 buyers filed 28 bids within the value vary from 80.71 manat ($47.4) with a yield to maturity (YTM) of 14.2 p.c to 99.6 manat ($58.5) with a YTM of 8.62 p.c.
In accordance with the choice of the finance ministry, the cut-off value of bonds reached 98.06 manat ($57.68) with the YTM of 9.01 p.c, and the weighted common value – 98.44 manat or $57.9 (8.92 p.c).
The maturity date is April 28, 2026.
The public sale contributors should fulfill their obligations to buy bonds by Might 16, 2021.
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