August 22 BSE conducted trading on placement of short-term notes of Central Bank of Azerbaijan (CBA) series 50101634S.
The announced offer was 35 million manat; notes for AZN 10 million were put up for sale, and the total demand for them on the part of one bidder was 1.001 million manat. The application was submitted at a price 99.8749% (YTM 1.61%).
Due to the lack of competitive prices CBA did not recognized the trade as valid. - 15D
Economics
-
Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
-
The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
-
An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
-
On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
Leave a review