12:23 - 13.10.2025

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October 13, Fineko/abc.az. The average maturity indicator for government bonds in Azerbaijan decreased to 1.47 years.

ABC.AZ informs with reference to the Ministry of Finance that as a result of targeted measures in the field of public debt and financial liability management, successes have been achieved in reducing risks in the structure of the debt portfolio, strengthening debt sustainability and ensuring long-term stability.

This year, as a result of the measures taken in this direction, the maturity of government bonds has been extended. At the same time, in order to manage State Budget finances more effectively, introduction of a mechanism for depositing national currency funds in local banks in a Single Treasury Account has become an effective tool that brings additional revenue to the budget.

In recent years, as a result of concentration of investor demand mainly for short-term (up to 3 years) government bonds, 91.4% of the portfolio of government bonds in circulation on January 1 of this year were 1-3-year bonds, and 8.6% were 5-7-year bonds. This situation led to a decrease in MTSP indicator for government bonds to 1.47 years, and in the medium term, concentration of principal payments on government bonds in the short term led to an increase in refinancing risks.