The appropriate scenario for the present displacement of bonds on international markets is the yield rate of 4.5 per cent.
Following the announcement, the chairman of the State Committee on Securities, Heydar Babayev told Trend that the issue of Eurobonds had been set out in proposals by the Committee, which were indicated in presidential decree on the strengthening of anti-inflation measures in the
Babayev noted that the above yield rate had been set on the basis of present-day realities, as the rate is subject to changes in accordance with the corresponding trend in the rate (by the central bank) and the bond currency. вЂњThe amount of the issue is not of principal importance, as the first issue means making the debut on the market,вЂќ he said.
The Committee held talks with three foreign banks, including Commerzbank of Germany and BNP Paribas of France, over the possibility of the issue of Eurobonds by