SOFAZ sold 28 mln USD to 5 banks

SOFAZ sold 28 mln USD to 5 banks Demand amounted to 28% of total supply
Finance
March 30, 2016 12:31
SOFAZ sold 28 mln USD to 5 banks

Baku. 30 March. REPORT.AZ/ Today, the State Oil Fund of Azerbaijan (SOFAZ) through regular auctions of the Central Bank of Azerbaijan (CBA) has put up 100 mln USD for sale.

Report was told in SOFAZ, at the auction 28.35 mln USD was sold to 5 commercial banks (28.4% of the proposal).

"SOFAZ will continue to sell currency through auctions during a year", the fund says.

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