The Ministry of Finance has put up for sale short-term bonds for a period of 364 and 182 days. Auctions are scheduled for July 26.
According to the Baku Stock Exchange, investors are offered bonds worth 10 million AZN with a circulation period of 364 days, and 15 million AZN with a circulation period of 182 days.
The Ministry of Finance last placed bonds of these maturities in June. Then, the yield on T-bills maturity period of 182 days was 8.55%, and on 364-day ones - 9.4%. -08D-
Economics
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According to the State Customs Committee, in the first eleven months of this year, Azerbaijan transported 6.96 million tons of cargo by rail, worth $3.01 billion. This represents a 4% decrease in volume and a 10.1% decline in value compared to the same period in 2023.
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The Cabinet of Ministers of Azerbaijan has approved a set of regulations to govern the approval of agreements under the country’s competition law, aimed at fostering compliance with legal frameworks and enhancing market transparency.
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Azerbaijan's ambitious program to restore territories liberated from Armenian occupation has attracted attention due to the extensive use of single-source procurement methods, raising concerns about transparency and corruption.
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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.
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