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
-
Azerbaijan recorded a 2% increase in wheat imports from January to November 2024 compared to the same period in 2023, underscoring its continued reliance on external sources to meet domestic demand. This growth comes amid a significant decline in domestic wheat production, which decreased by 148,100 tons in 2024, further intensifying the need for imported supplies.
-
The Supreme Eurasian Economic Council of the Eurasian Economic Union (EAEU) convened today, December 26, 2024, at a summit highlighting the evolving dynamics of regional cooperation and the complex interplay of geopolitical interests among EAEU member states. The meeting, held in Saint Petersburg, brought together the leaders of the EAEU countries to discuss a robust agenda that could shape the bloc's trajectory in 2025 and beyond.
-
The Union of Chambers of Commerce and Industry (UCCI) of the Organization of Turkic States (OTS) held its General Assembly in Baku on December 26, highlighting dynamic economic growth and deepening integration among member states. Representing Azerbaijan and other OTS member states, business and government leaders discussed trade, investments, and regional connectivity projects.
-
Rice imports to Azerbaijan have soared to unprecedented levels during the January-November 2024 period, reflecting both rising domestic demand and increasing global food prices. Over this period, the country imported 60,400 tons of rice, marking an 18.6% increase in volume and a 35.3% rise in value compared to the same period in 2023.
Leave a review