On the December 13 auction on Baku Stock Exchange the Ministry of Finance fully sold T-bills put up for sale in the total amount of 10 million manat.
BSE informs that 7 investors participated in the auction. They presented 17 applications totaling 25.7 million manat.
The weighted average yield on the T-bills, the turnover of which will be 91 days, was set at 17.8% per annum. On the previous auction of November 2, T-bills were placed at the yield of 18.44%.
From the sale of the T-bills the Ministry of Finance raised AZN 9 million 580.8 thousand.
From March to December 1, 2016, the Ministry of Finance raised financial means in the total amount of AZN 380 million. ------08D
Economics
-
Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
-
The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
-
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.
-
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.
Leave a review