The volume of transactions with securities in Azerbaijan rose by 33% in 2016 compared to the same period of 2015, amounting to 14 billion 25 million 825.065 thousand manat, said the Financial Market Supervision Authority.
Primary market increased by 4.5 times, reaching 8.669 billion manat.
In 2016 the volume of transactions in corporate securities increased by 39% and amounted to 913 million manat.
The volume of transactions in corporate bonds in 2016 increased by 2,2 times and amounted to 7 billion 833 million 912.045 thousand manat.
In 2016 the volume of transactions with government securities increased by 40.2 times - up to 836 million 158.06 thousand manat.
The volume of transactions with derivative securities decreased by 28% in 2016, amounting to 4 billion 440 million 667.091 thousand manat. -71D-
Economics
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Azerbaijan's Cabinet of Ministers has approved amendments to the list of strategically important goods in the country's consumer market, as outlined in Decision No. 136 dated April 27, 2023. The update aligns with the implementation of the Law on State Reserves and a corresponding presidential decree, the government announced on Thursday.
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Representatives of Azerbaijani and Latvian business circles convened in Baku for the "Azerbaijan-Latvia Information and Networking Meeting," marking a significant step in bolstering economic cooperation between the two countries. Latvian Ambassador to Azerbaijan, Edgars Skuja, underscored the event’s mission to connect entrepreneurs from both nations, aiming to enhance collaboration across multiple sectors.
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The President of Azerbaijan approved the amendments on November 7, which were made to the “Law of the Republic of Azerbaijan on Credit Bureaus” by the Milli Majlis. The text of the amended law was published on November 28.
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The European Bank for Reconstruction and Development (EBRD) has released its Transition Report 2024-25 for Azerbaijan, urging the country to take bold steps to improve economic governance and foster private sector development. The report outlines key priorities for Azerbaijan’s economic trajectory and highlights challenges stemming from its reliance on volatile energy markets.
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