Bank Of Baku

SOFAZ sells $50M at today’s auction

SOFAZ sells $50M at today’s auction
# 31 May 2016 10:33 (UTC +04:00)

Baku. Yegana Lachinzade – APA. The State Oil Fund of Azerbaijan (SOFAZ) sold $40 million to three local banks and $10 million to the Central Bank of Azerbaijan at the auction held by the Central Bank of Azerbaijan (CBA), SOFAZ said on May 31.

 

SOFAZ had offered $50 million for sale through the auction

 

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THE OPERATION IS BEING PERFORMED