BAKU, Azerbaijan, October 20. As of October 1, 2026, 26.7% of
the bonds and other money market instruments in the State Oil Fund
of Azerbaijan’s (SOFAZ) investment portfolio were AAA-rated, an
increase of 1.8 percentage points compared with the same period
last year.
This was announced in a statement published by SOFAZ.
According to the data, during the reporting period, the fund
reduced the share of AA-rated instruments from 36.7% to 36.3%.
Meanwhile, the share of A-rated instruments increased from 24.1%
to 24.5%, while the share of non-investment-grade instruments rose
from 0.7% to 0.8%.
At the same time, the share of BBB-rated instruments decreased
from 13.6% to 11.7%.
As of October 1, 2026, 13.4% of SOFAZ’s investments in bonds and
other money market instruments had maturities of up to one year,
31.5% had maturities of one to three years, 27% had maturities of
three to five years, and 28.1% had maturities of more than five
years. A year earlier, these figures stood at 14.4%, 27.7%, 30.5%,
and 27.4%, respectively.
