At the auction held on March 7, the Ministry of Finance fully placed T-bills issued in face value for a total of 10 million manat.
According to the Baku Stock Exchange, the T-bills with circulation period of 182 days were placed at the weighted average price of 92.87 manat with a nominal value of 100 manat. The yield on the T-bills was 15.56% per annum. The previous time (February 21), the yield on these T-bills was 15.76%.
A total of 11 investors submitted applications for a total of 42.9 million manat. ----08D
Economics
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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.
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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.
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Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
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Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
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