Baku/28.02.14/Turan 27 February this year for the first time during the existence of the stock market in Azerbaijan ( 2000 ) concluded the first repo transactions on purchase and sale of corporate bonds at a one-day period .
Baku Stock Exchange told Turan, that the parties to the transaction were two brokerage company - "ADB Broker" and "Pasha Kapital". Transaction size on corporate bonds "Bakcell Ltd" was about 1 million manats. Market maker transaction is OAO "Pasha Bank".
BSE say that running repo transactions in corporate bonds will provide an impetus for the liquidity of the securities market .
BSE and the National Depository Center signed on February 18 agreement , according to which in the list of securities , which are considered repurchase transactions included 10 corporate bonds of financial companies , as well as mortgage bonds of the Azerbaijan Mortgage Fund . - 08D-
Economics
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Kazakhstan’s budget airline FlyArystan has launched ticket sales for the Baku-Astana-Baku route ahead of the summer travel season, the airline’s press service said on Monday.
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In late February, the governments of Pakistan and Azerbaijan are expected to sign an investment agreement worth $2 billion, which will include several projects with SOCAR (State Oil Company of Azerbaijan). According to Turan, the energy cooperation projects discussed in January in Islamabad and Baku will feature in the agreement. These projects include energy efficiency initiatives, the construction of a pipeline, and SOCAR’s plans to explore the creation of underground gas storage facilities in Pakistan, as well as documents provided by the Pakistani side related to the exploration and extraction of hydrocarbons in the country.
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Azerbaijan continues to face an acute water shortage that affects both drinking and irrigation supplies, a problem that, despite frequent media attention, remains unresolved. Farmers are particularly feeling the pressure.
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BAKU, Feb 3 (Reuters) - Representatives from Azerbaijan’s State Tax Service (STS) participated in the latest session of the working group on tax, customs, and legal issues hosted by the German-Azerbaijani Chamber of Commerce.
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