Today Baku Stock Exchange held an auction for the sale of state short-term bonds. The last auction was held on 12 February.
At the auction there were bonds for a total amount of 15 million manats.
The report noted the bonds will be in circulation for 91 days, and their repayment is scheduled for 31 March 2017.
It is required to provide a total value of 20% of the proposals.
Two auctions of the Ministry of Finance placed bonds for 20 million AZN and $ 22 million. The Ministry issued bonds for a total of 400 million manats and $ 500 million. ---08D
Economics
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