Sun, Sep 21, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Asset Allocation

U.S. investors buy 47 pct of Azerbaijani bonds

Posted on 14 March 2014

Azerbaijan raised $1.25bn in its first international bond sale on March 10, and investors from the U.S. purchased 47 percent of Azerbaijan’s sovereign Eurobonds. The news was announced by Azerbaijani Finance Ministry on March 12.
The strong sovereign balance sheet, with sovereign assets held in Azerbaijan’s state oil fund SOFAZ, reached 49 percent of GDP at the end of 2013, the report said. The 2014 budget calls for a reduction in reliance on oil revenues in the form of transfers from SOFAZ………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 14769 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
September 2014
M T W T F S S
« Aug    
1234567
891011121314
15161718192021
22232425262728
2930