EBRD intends to issue manat securities in Azerbaijan

Baku: The European Bank for Reconstruction and Development (EBRD) intends to issue securities the national currency (manat) in Azerbaijan, said the EBRD President Suma Chakrabarti at the press conference in Baku.

“I invite my team to discuss with the Central Bank of Azerbaijan issuance of securities in manat. If it happens, the EBRD will be the first international financial organizations issuing securities in the national currency in Azerbaijan”, Chakrabarti said.

He noted that the bank will do its best to achieve this by the year-end.

SOURCE: Azeri Press News Agency