SOFAZ increases share of AA and A rated instruments in its bond portfolio

Finance
  • 23 July, 2025
  • 17:09
SOFAZ increases share of AA and A rated instruments in its bond portfolio

As of July 1, 2025, 21.5% of the State Oil Fund of Azerbaijan’s (SOFAZ) investments in bonds and other money market instruments were in AAA-rated assets, Report informs, citing the fund.

This marks a sharp decline of 42.3 percentage points compared to the same date last year.

Meanwhile, SOFAZ increased its share of AA-rated instruments from 18.6% to 46.4%, and A-rated assets from 10.3% to 19.1%.

The proportion of BBB-rated assets in the investment portfolio also rose from 7% to 12.6%, while the share of non-investment grade instruments edged up slightly from 0.3% to 0.4%.