Azerbaijan Finance Ministry Managed to Place Medium-Term Bonds
OREANDA-NEWS. April 20, 2010. The Baku Stock Exchange informs that one investor submitted an order for purchase of the SMTBs issue with state registration number 10800627S.
The order volume conformed to the announce volume of the issue (2 million manats), and offered price – 100% of the face value of SMTBs that provides 4.5% of annual profitability.
Under MoF decision, the order was met fully. The maturity date of the issue with circulation period of 1092 days is 12 April 2013.
The Finance Ministry plans issue of SMTBs in the volume of 100 million manats for 2010. Six issues for 12 million manats have been already set out for sales and only 2 million manats have been placed at the expense of one issue placement.
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