The National Depository Center has applied in respect of the outstanding securities of Azerbaijan (CBA) the code ISIN (International Securities Identification Number) - the numbering system of international securities issue.
In the NDC (National Numbering Agency in Azerbaijan) they noted that the transition to ISIN codes is the first step on the way of Azerbaijani issuers' securities on international stock markets.
ISIN code is a 12-digit code identifies the securities in transactions and settlement. These codes allow complete automation of clearing and settlement, to the conclusion of transactions in securities depository and registration.
NDC does not announce the list of accepted their issuers. According to the State Committee for Securities, Azerbaijan has over 1,800 issuers of shares and corporate bonds.
So far, none of the Azerbaijani issuers has ever put its securities in the international capital markets. - 08D-
Economics
-
On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
-
Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
-
Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
-
Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
Leave a review