Bank Of Baku

Ministry of Finance to resume bond emission during near months

Ministry of Finance to resume bond emission during near months
# 10 April 2013 15:09 (UTC +04:00)

 

According to him, placement of government securities reduced in Azerbaijan’s stock market and this is related with reduction of notes issued by the Central Bank of Azerbaijan: “Compared with previous years, CB reduced sterilization of manat due to dropping of inflation”.

 

Aslanli also noted that the Ministry of Finance did not issue bonds this year. These bonds are expected to be issued during next months.

 

Note that government securities at the Baku Stock Exchange dropped 42% to AZN 1.526 bln during January-March. 

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