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Azeri Finance Ministry starts issuing long-term bonds

Business Materials 28 April 2006 15:43 (UTC +04:00)

Azeri Finance Ministry is going to issue state long-tem bonds with validity period half-year and one year. The Ministry officials old Trend that Coordination Council for state securities market regulation drew and approved the interval required for long-term bonds emission.

Half-year bonds are deployed once in three weeks, and annual bonds once in four weeks. In general, 6- and 12-month bonds will appear in circulation once a month. As usual, Finance Ministry will keep deploying 3-month short-term bonds.

Besides, short-term (15- and 30-day) notes from National bank keep circulating in state security market.

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