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Azerbaijan simplifies state bond issuance

Business Materials 15 May 2012 16:35 (UTC +04:00)
Based on the Azerbaijani State Securities Committee’s decision, the rules were approved to issue and circulate state bonds, which are included in the state register of legal acts, the committee said on Tuesday.
Azerbaijan simplifies state bond issuance

Azerbaijan, Baku, May 15 / Trend A. Hasanov /

Based on the Azerbaijani State Securities Committee's decision, the rules were approved to issue and circulate state bonds, which are included in the state register of legal acts, the committee said on Tuesday.

According to the new rules, registration of state bond issuance is being simplified. the international identification number will be assigned to each bond by the National Numbering Agency.

"This will allow disseminating the information about state securities among the broad mass of investors and increase the interest in this tool," a statement said.

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