Over 90% Demand for SOCAR Bonds Accounts for Individuals

Absolute majority of applications for the purchase of bonds of Azerbaijan’s SOCAR State Oil Company was filed by individuals, SOCAR Head Rovnag Abdullayev said at the press conference dedicated to start of bond sales in secondary market of Baku Stock Exchange, Oct. 18.

“Over 90 percent of the total number of applications were made by individuals. The remaining 10 percent go to banks and other legal entities,” said Abdullayev.

Source: trend