An auction for placement of 35 million manats worth medium-term bonds of Azerbaijan’s Ministry of Finance will be held at the Baku Stock Exchange (BSE) Feb. 20, the BSE said Feb. 16.

Trend.az reports, that some 350,000 bonds at a par value of 100 manats each and maturity period of 364 days will be put up for auction.

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

(1.7001 manats = $1 on Feb. 16)

Masaim Abdullayev,

“Khalq qazeti”