Azerbaijan's Pasha Bank mulls debut $200 mln Eurobond in 2016

Ivan Uglyanitsa told Reuters the Eurobond would have a maturity of three to five years.

"We would like (a yield) of 5 percent or below, some 150 basis points above (Azerbaijan's) sovereign (Eurobond) yield curve," he said in the Georgian capital.

Pasha Bank does not need to borrow in a foreign currency, but wants to take advantage of a "window of opportunity" while debt markets are growing and yields are falling, Uglyanitsa said.