EBRD Intends to Participate in Securities Market in Azerbaijan

During the visit to Baku of the European Bank for Reconstruction and Development (EBRD) delegation headed by the Regional Director for Caucasus, Moldova and Belarus Bruno Balvanera, opportunities to participate in the local securities market were discussed.

As Turan was told in the public relations sector of the State Committee for Securities, the sides discussed the placement of bonds by the EBRD in Azerbaijan.

"The implementation of the development strategy for capital markets is an integral part of policies aimed at strengthening the non-oil sector in Azerbaijan," Bruno Balvanera said in Baku.

Recall that the plans for participation in the securities market in Azerbaijan were stated by the EBRD even in 2015. The volumes of the issues of securities and the interest rates on them are still unknown. ---08D

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