Bank Of Baku

SOFAZ to conduct conservative investment policy next year

SOFAZ to conduct conservative investment policy next year
# 29 December 2010 11:08 (UTC +04:00)
Baku. Ali Ahmedov – APA-Economics. The purpose of SOFAZ’s investment policy for 2011 will be to manage the means in Fund at the condition of lower risk and lower prices and to get YTM according to this policy. For this, SOFAZ will conduct conservative investment policy, next year.

According to Investment Policy in SOFAZ budget, total amount of Oil Fund’s investment portfolio on 2011 is planned to be AZN 19.4 bln.
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THE OPERATION IS BEING PERFORMED