On October 25, the Ministry of Finance places bonds in a total amount of AZN 27 million at Baku Stock Exchange.
According to BSE, bonds worth AZN 10 million will be placed for a period of 364 days and those in the amount of AZN 17 million – for 182 days.
The Ministry of Finance has appointed the underwriter – the investment company JSC Pasha Capital.
On the latest auction of October 11 the yield of 364-day bonds amounted to 14.97%, and on October 18th the yield of 182-day bonds was 17.1%.
As of October 1, the Finance Ministry gained AZN 261,429,316 from the sale of T-bills. -----08D
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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