Investors buy $12M worth bonds of Azerbaijani Finance Ministry

  06 February 2016    Read: 1281
Investors buy $12M worth bonds of Azerbaijani Finance Ministry
Baku Stock Exchange (BSE) began selling manat and dollar bonds of the Azerbaijani Finance Ministry Feb. 5.
The bonds worth $12 million with a circulation period of one and two years were bought by investors at a rate of 2.77 percent and 3.02 percent respectively, said the ministry.

The bonds with a value of 20 million Azerbaijani manats, circulation period of six months and one year, and at a yield of 7.79 percent and 8.8 percent respectively, were placed as well.

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