The Ministry of Finance has borrowed for two instruments almost 16.7 million manats

State medium-term bonds (GEO) series AZ0106015354 in the amount of AZN 500,000 were posted at the auction held on December 25 at the Baku Stock Exchange.

The total volume of bids submitted by a single investor slightly exceeded 500,000 AZN at face value. They was presented and granted proportionally to the price 100.08% (a 5% yield).

Repayment of the GEO will be on 22 December 2015.

The same day, the Ministry of Finance posted on the Exchange public callable bonds (CGB) series AZ0204014374 amounting to 16.12 million manat.

The order of one bidder exceeded 16.12 mln at face value. The bid was submitted and granted in proportionally costs 100.00% (YTM 4.00%).

Repayment of these callable bonds will be on 24 December 2013. - 15D -

 

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