BAKU, Azerbaijan, November 28. The annual percentage yield (APY) of the State Oil Fund of Azerbaijan (SOFAZ) will be 2.05 percent in 2023, following the Chamber of Accounts' comments on the SOFAZ budget-2023, the Chamber told Trend on November 28.
The report noted that this figure is 0.35 percentage points more than 2022 results.
Thus, in 2023, SOFAZ is expected to achieve a yield of 1.56 percent on debt obligations and money market instruments (0.86 percentage points more than 2022 forecast), 3.64 percent – on the stock portfolio (1. 06 percentage points less), five percent – on the real estate portfolio (0.2 percentage points less).