From the corporate bonds issued by Accord Corp. in the amount of 50 million, AtaBank purchased bonds worth 15 million manat, and JSC International Bank of Azerbaijan - in the amount of 3 million manat. Turan was told in the press service of the corporation.
The second issue of corporate securities corporation Accord in the amount of 50 million manat was registered on November 4. Face value of each bond issued is 1,000 manats. Rate of return is 11.75 % per annum. Accommodation of the bonds is conducted on BSE. The circulation term of the bonds is 3 years.
It is noteworthy that the market maker providing liquidity of the securities of the corporation is the International Bank of Azerbaijan. - 08D-
Economics
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A delegation led by Azerbaijan's Minister of Economy, Mikayil Jabbarov, met with key Italian officials during an official visit to Italy, highlighting the strong and multifaceted partnership between the two countries.
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The Cabinet of Ministers of the Republic of Azerbaijan approved amendments on July 17 to the list of goods, services, and tariffs regulated by the state, as well as adjustments to import and export customs duties. These changes, guided by Article 119, paragraph 8 of the Constitution of Azerbaijan, aim to streamline economic activities and improve the regulatory framework.
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Rashad Huseynov has been appointed as the new director of the Center for Agricultural Research under the Ministry of Agriculture, replacing Firdousi Fikretzade who led the center since 2019. Fikretzade stepped down from his position on June 10 at his own request.
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Since July 1, bus and metro fares have increased by 10 qəpik, reaching 50 qəpik. The fare for buses on the Baku-Sumgayit route has risen from 60 qəpik to 70 qəpik. However, it is reported that there has been no improvement in service quality following the price increase. According to complaints, air conditioners are not working on buses operating in the periphery, and overcrowding persists.
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