SOFAZ to Invest in Yuan Denominated Bonds

Posted on 06/02/2015


The State Oil Fund of Azerbaijan (SOFAZ) plans to invest up to US$ 500 million in bonds that are denominated in Chinese Yuan this month. An agreement was signed between the People’s Bank of China and SOFAZ. The State Securities Committee of Azerbaijan and China Securities Regulatory Commission (CSRC) signed a memorandum targeted toward investors’ […]