Azerbaijan postpones release of Eurobonds

Read on the website Vestnik Kavkaza

 

The Minister of Finances of Azerbaijan, Samir Sharifov, has declared a postponement of the release of Eurobonds in light of the situation on the financial market, Trend reports.He noted that they would most likely be released in 2016, adding that the previous release of dollar bonds had amounted to $1 billion. Bonds worth about 500 million euros will be released.

 

The Minister of Finances of Azerbaijan, Samir Sharifov, has declared a postponement of the release of Eurobonds in light of the situation on the financial market, Trend reports.

He noted that they would most likely be released in 2016, adding that the previous release of dollar bonds had amounted to $1 billion. Bonds worth about 500 million euros will be released.