Azeris Trumpet Bonds, Warning That Thieves, Fires Threaten Cash

  • Finance minister advises Azeris to spend money on manat bonds
  • Two devaluations in 2015 led to depositors' exodus from banks

Azeri authorities battling to restore trust in the national currency want to coax citizens to part with their money by buying bonds denominated in the manat as the government looks to prevent a “frenzy” in the foreign-exchange market, according to Finance Minister Samir Sharifov.

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