SOFAZ increased its investments in “AAA” rated investment instruments

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# 15:36
3 May 2021

In the classification of bonds and money market instruments portfolio of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) by credit ratings (excluding "Southern Gas Corridor", Azerbaijan International Bank and SOCAR bonds) as of March 31, 2021 "AAA" rated investment instruments have been settled, APA-Economics reports citing the report of SOFAZ on the results of the first quarter of the current year.

According to the information, the figure recorded for March 31, 2021 has made up 57,1%, and this is 2,2% point more than in comparison to the figure of December 31, 2020.

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THE OPERATION IS BEING PERFORMED