EBRD to discuss Azerbaijani manat bond issuance in March (UPDATE)
details added (first version posted at 20:26)
Baku, Azerbaijan, Feb. 26
By Azad Hasanli - Trend:
A delegation of the EBRD's Treasury Department will visit Azerbaijan from March 1-2, 2016, the bank said Feb. 26.
The purpose of the visit is to discuss framework for developing money markets and the plans for Azerbaijani manat bond issuances.
"The delegation will include Axel van Nederveen, Managing Director, Treasurer, Aude Pacatte, Director, Head of Portfolio Management, Matthew Saal, Associate Director, Local Currency and Capital Market Development, Aziz Jurayev, Principal, Funding," the bank said.
During the visit to Azerbaijan, members of the EBRD delegation will have meetings with Elman Rustamov, head of Azerbaijani Central Bank and Rufat Aslanli, chairman of State Security Committee, the statement said.
Separate meetings with International Financial Institutions - World Bank and ADB will be held within the visit.
Regional Director for financial institutions Mike Taylor visited Baku, Azerbaijan on February 23 - 25, 2016.
During the visit to Baku, Taylor met Azerbaijani government representatives. The meetings were held with Elman Rustamov, head of Azerbaijani Central Bank and Rufat Aslanli, chairman of the State Security Committee, as well as with partner banks on February 24, 2016.
The purpose of the mission was to discuss EBRD support for private sector development and the banking sector.
Azerbaijan is an EBRD member since 1992.