15:37 - 7.10.2025

---

October 7, Fineko/abc.az. The manat bonds issued by the Agency for Public Debt & Financial Obligations Management under the Ministry of Finance of Azerbaijan open up new opportunities for local and foreign financial institutions. These opportunities can be significant for investors.

ABC.AZ reports that Agency’s director Azer Mursagulov said this, when speaking at the German-Azerbaijani Export & Financial Conference in Baku.

He noted that Azerbaijan's debt position is stable and solid.

"The country's total public debt in the third quarter of this year is 19.6% of GDP. Of them, 37% accounted for external debt, and 67% for domestic debt. This result is an indicator of the consistent implementation of the first debt management strategy adopted in 2018. As a result of the measures taken over the past 7 years, the share of the domestic market has increased significantly, and the volume of government bonds has increased sevenfold. Previously, banks and insurance companies mainly participated in the market, but today corporations, individuals, and even foreign investors are already participating. International financial institutions have also recently started issuing bonds in manats. This opens up new opportunities for domestic and foreign financial institutions," the agency's director emphasized.