Next auction on placement of government bonds with maturity period of 91 days will take place tomorrow at Baku Stock Exchange. At the previous auction the Ministry of Finance intended to issue bonds of the same period in the amount of 20 million AZN, but investors have bought bonds by 15.1 million manat. In addition, the Ministry of Finance granted the application of investors at a rate of 8.45% to 11.01% per annum. Investors, as a rule, are the commercial banks, which need to get rid of the current liquidity on manat mass, as they have difficulties with lending. 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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