SOFAZ sells $46M to Central Bank and seven

25 November 2024

SOFAZ sells $46M to Central Bank and seven banks

16:28 05 May 2016 Read: 961

SOFAZ sells $46M to Central Bank and seven banks

The State Oil Fund of Azerbaijan (SOFAZ) sold $40.8 million to 7 local banks and $5 mln to the Central Bank of Azerbaijan (CBA) through the auction held on May 5.

SOFAZ had put up $50 mln for auction.

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