oil fund

STATE OIL FUND OF THE REPUBLIC OF AZERBAIJAN

State Oil Fund of the Republic of Azerbaijan - Statement

28 Apr 2016 10:42:00

State Oil Fund of the Republic of Azerbaijan - Statement

28 Apr 2016 10:42:00

Today the Central Bank of Azerbaijan carried out next auction. The State Oil Fund of the Republic of Azerbaijan (SOFAZ) put up 50 mln. USD in the auction and USD 32.4 million of this amount was sold to 14 banks and USD 10 million was sold to the Central Bank of Azerbaijan.

SOFAZ will continue the sale of US dollars through auctions during the year.

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