SOFAZ was offering $50 million for sale through the auction.
SOFAZ will continue selling foreign currency through auctions in 2016.
The foreign currency is sold as part of SOFAZ`s transfers to the Azerbaijani state budget, which are envisaged to stand at 7.615 billion Azerbaijani manats in 2016.
SOFAZ was established in 1999 with assets of $271 million.
As of April 1, 2016, SOFAZ`s assets increased by two percent and amounted to $34.25 billion compared to early 2016 ($33.57 billion).
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