After Novruz Holiday, Ministry of Finance to Place Medium-term Bonds
An auction on placement of the second batch of medium-term bonds (2 years) of the Ministry of Finance will be held on Baku Stock Exchange on March 28. Investors are offered bonds for a total of 10 million manat.
The Ministry of Finance offers investors securities at the discount rate of the Central Bank - 15% per annum.
On February 28, the first batch of medium-term bonds (MTB) in the amount of AZN 10 million was fully placed. Some of the investors demanded 28% per annum for them.
This year, the Ministry of Finance plans to place MTB for AZN 100 million. ------08D
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- Social
- 17 March 2017 14:42
Economics
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