Azerbaijan’s Finance Ministry to auction manat bonds

An auction for placement of 15 million manats worth medium-term bonds of Azerbaijan’s Ministry of Finance will be held at the Baku Stock Exchange (BSE) Jan. 30, the BSE said Jan. 25.

Some 150,000 bonds at a par value of 100 manats each and maturity period of 1,092 days will be put up for auction.

Azerbaijani investment company PASHA Capital is the underwriter of the issuance.