In April of this year, the turnover of corporate securities in the National Depository Center was 138.6 million manat. It is 5.6 times more than in April last year. The main part of the purchase and sale of securities accounted for stock transactions on the secondary market - 80.3 million manat. For the corresponding period in 2012, the figure was only 3.4 million manat.
In April, it placed corporate bonds worth 58.1 million manat, about 40 mln more than in the same month in 2012.
NDC has plummeted turnover of operations for OTC transactions (177 000 manat).
In just four months in 2013 the NDC was recorded transactions in corporate securities for a total amount of 294.6 million manat, which is 45% less than for the same period in 2012 (535.3 million manat).
During the reporting period of the year there were recorded 1503 NDC transactions, which is 1.6% less than in January-April 2012. ---- 08B
Economics
-
S&P Global Ratings has revised its risk assessment of Azerbaijan’s banking sector, upgrading the outlook from "stable" to "positive."
-
In recent days, there have been claims that bread prices in Azerbaijan have risen. Social media users report that the price of bread has increased by 5-10 qepiks. According to consumer complaints, it is difficult to find weight information on factory-produced bread, commonly known as "zavod çörəyi" in Azerbaijan. In many cases, bread packaging does not include weight details. Similarly, bread sold at smaller bakeries and tandir houses often lacks information apart from the price.
-
A trilateral meeting of the foreign ministers, transport ministers, energy ministers, and heads of customs services of Russia, Iran, and Azerbaijan is set to take place soon to discuss the progress of the Rasht-Astara railway project, a key element of the International North-South Transport Corridor (INSTC). This was announced by Iran’s Ambassador to Russia, Kazem Jalali.
-
Azerbaijan and Tatarstan continue to strengthen trade and economic cooperation, based on mutual interests in energy, mechanical engineering, petrochemicals, agriculture, and transport. Bilateral relations have shown steady growth, supported by regular visits of official delegations and participation in international economic forums.
Leave a review