The Central Bank of Azerbaijan (CBA) views the European Bank for Reconstruction and Development (EBRD) bond issuance as an improvement in monetary transmission in the market, said Tarlan Rasulov, the CBA’s General Director, at the “Opening Bell” event related to the bond placement, APA-Economics reports.
According to him, this means increased transparency for investors and better management of interest rates: “Overall, as the CBA, large-scale reforms continue in the capital markets. These issues will also be reflected in the 2030 strategy. The development of capital markets remains a priority for the CBA. The EBRD bond issuance is not only a sign of confidence in the financial markets but also in the Azerbaijani economy; it is an experience for us and compliance with international standards.”
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