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SOFAZ increases investments in short-term bonds
Finance
- 26 October, 2022
- 06:20
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In January-September 2022, 31.6% of the bonds and other money market instruments, in which the State Oil Fund of Azerbaijan (SOF) made investments, were placed for up to 1 year, Report informs, citing the Fund.
Compared to the same period in 2021, the share of bonds and other money market instruments placed for up to 1 year increased by 0.9 percentage points.
According to information, 33.6% (+2.1 percentage points) of bonds and other money market instruments, in which SOFAZ invested last year, were placed for 1 to 3 years, 14.6% (+1.2 percentage points) for 3 to 5 years, and 20.2% (-1.8 percentage points) for more than 5 years.
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