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Last year, the Central Bank reduced emissions
Baku/18.02.14/Turan : In 2013, Azerbaijan registered an issue of government and corporate securities totaling 4,758.5 ??million manat, which is 2.1% less than in 2012 , the State Statistics Committee told Turan .
The share of government securities in emissions with the 2,160 million manat index was 45.4% . While at the auction held at the Baku Stock Exchange, were placed CBA notes amounting to 299.8 million AZN ( 19.2 % of the issued amount ) and Treasury bonds of 98 million AZN (16.3 % of the issue). Outstanding CBA notes were $ 44 million manat and the government bonds in the amount of 36.6 million manat.
In 2013, the State Committee for Securities also registered issue of shares totaling 2 107.3 million (+8.2 %) and corporate bonds - 466.9 million manat ( -18, 7%). During the year on BSE trades were placed shares worth 424.7 million manat and corporate bonds - 344.4 million manat. Outstanding were shares of a nominal value of 148.5 million manat and bonds of 819.3 million manat.
Shares for additional accommodation in Azerbaijan are usually issued by financial companies (banks, insurance and leasing companies). The main issuers of corporate bonds also are financial companies, in rare cases - non-financial structures (airlines , construction companies, etc.). The securities are also bought mainly by commercial banks. - 08D-
Economics
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