17:32 - 23.04.2026
April 23, Fineko/abc.az. As of April 1, 2026, 37.9% of bonds and other money market instruments in which the State Oil Fund (SOFAZ) invested accounted for AA rated instruments (14.5 percentage points more versus Jan-Mar 2025).
ABC.AZ informs with reference to SOFAZ that the Fund reduced the share of instruments with rating of AAA from 46.5% to 23.4%.
In return, SOFAZ increased the share of A-rated instruments from 17.3% to 25.9% and non-investment-grade instruments from 0.4% to 0.8%.
In addition, the Fund lowered the share of instruments with rating BBB from 12.4% to 12.2%.
As of the reporting date, 25.7% of the bonds and other money market instruments in which SOFAZ invested were placed for period of 0-1 years, 30.9% for period of 1 to 3 years, 28.7% for period of 3 to 5 years, and 24.7% for period of more than 5 years. A year earlier, these figures were 15%, 32.8%, 24.7% and 27.5%, respectively.
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