Exciting Financial News from Azerbaijan! The latest report from the Azerbaijani Ministry of Finance reveals that as of July 1 this year, 25.9 percent of the country’s external public debt, totaling $1.3 billion, is in the form of government bonds known as Eurobonds. These bonds were placed in the international financial market, showcasing Azerbaijan’s strong presence in the global economy.
The breakdown of the debt shows that $310.7 million, with coupon payments of 5.125 percent, is set to be repaid in 2029. Additionally, $1 billion, with coupon payments of 3.5 percent, is projected to be repaid in 2032. This news highlights Azerbaijan’s commitment to managing its debt obligations responsibly and strategically.