Profitability of SOFAZ's investment portfolio increases
Finance
- 19 January, 2022
- 09:31
Add Report.az to preferred Google sources
Stay up to date with the top news!
In 2021, the total return on the investment portfolio of the State Oil Fund (SOFAZ) was 4.49%, Report informs, citing the fund.
For comparison, this figure was 2.82% in 2020.
As for individual investment instruments, last year, the yield on bonds and money market instruments fell from 1.58% to 0.06%, while the yield on shares rose from 1.34% to 3.68%. Last year’s 0.1% loss on real estate was replaced by 0.75% profitability.
Latest News
11:15
Gold prices fall over 6%
Finance
11:10
Caucasus Muslims Office to continue promoting truth about Western Azerbaijan globally
Religion
10:53
Leonid meteor shower to be visible in Azerbaijan in November
Incident
10:52
Apple loses 17% of mobile market share in Azerbaijan
ICT
10:42
Pakistan's largest oil refineries increase profits by over 1,860%
Energy
10:30
Photo
Armed intruder neutralized on Azerbaijan-Iran border after opening fire on border guards
Incident
10:13
World Bank postpones approval of project to reduce gas leaks in Azerbaijan
Energy
09:49
Azerbaijan included in ADB program on adapting agricultural sector to climate change
Finance
09:43
Azerbaijan to hold Digital Media Month in November
Media