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Azerbaijan Finance Ministry reveals plans on security issuance by end 2018

Finance Materials 21 November 2018 20:15 (UTC +04:00)

Baku, Azerbaijan, Nov. 21

By Azad Hasanli - Trend:

By the end of 2018, the Ministry of Finance of Azerbaijan plans to issue bonds worth 130 million manats, the ministry told Trend on Nov. 21.

In the third quarter of 2018, the ministry already issued bonds worth approximately 150 million manats. An issuance worth 30 million manats is expected until the end of November, and three issuances are expected in December - one worth 40 million manats, while the other two worth 30 million manats, each.

Since early 2018, the Ministry of Finance has issued bonds worth more than 700 million manats.

The total volume of issuance should be about 900 million manats by the end of 2018.

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