EBRD issues manat bonds in Azerbaijan, signaling confidence in local capital market

Azernews.Az

12 October 2025 15:00 (UTC+04:00)

Akbar Novruz

The European Bank for Reconstruction and Development (EBRD) will issue manat-denominated bonds in Azerbaijan for the first time. According to official information, the volume of the issuance will be 50 million manat (≈29.5 million USD), with 500 bonds issued, each carrying a nominal value of 100,000 manat (≈59,000 USD). This issuance is considered a key milestone in Azerbaijan’s capital market, reinforcing the role of bonds in the national currency.

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