The overall corporate securities market increased by 51.85%. Meanwhile, the secondary market of corporate bonds increased for more than 3 times. However the primary market of corporate bonds increased by 45.30%.
The highest growth rate was observed in the secondary market of equities, which jumped by 15 times. However the primary market of equities increased by 10.13%.
There is an increase in trading activity of primary and secondary markets of Government Bonds, ’for 1.71 and 1.28 times, respectively.
Comparative table on the results of trades of Corporate Securities at BSE
(January-November 2009)
Market segments | 2009 (30.11.09) | 2008 (30.11.08) | Percentage ratio | ||
Volume of transactions, | Number of transactions | Volume of transactions, | Number of transactions | ||
Corporate bonds– (placement) | 47,072,593.09 | 63 | 32,395,946.50 | 50 | 145.30% |
Corporate bonds – (secondary market) | 47,522,746.90 | 43 | 15,024,519.47 | 85 | 316.30% |
CBs Total | 94,595,339.99 | 106 | 47,420,465.97 | 135 | 199.48% |
Stocks – (placement) | 156,315,419.40 | 1,287 | 141,938,099.67 | 1,080 | 110.13% |
Stocks – | 40,524,640.63 | 2,769 | 2,559,295.20 | 533 | 1583.43% |
Stocks Total | 196,840,060.03 | 4,056 | 144,497,394.87 | 1,613 | 136.22% |
CS Market Total | 291,435,400.02 | 4,162 | 191,917,860.84 | 1,748.00 | 151.85% |
Comparative table on the results of trades of Government Securities at BSE
(January-November 2009)
Market segments | 2009 (30.11.09) | 2008 (30.11.08) | Percentage ratio | ||
Volume of transactions, | Number of transactions | Volume of transactions, | Number of transactions | ||
GB - (AR MF) (placement) | 467,146,169.03 | 248 | 272,548,681.32 | 220 | 171.40% |
GB - (AR MF) (secondary market) | 149,045,985.50 | 85 | 116,150,069.74 | 86 | 128.32% |
GB Total | 616,192,154.53 | 333 | 388,698,751.06 | 306 | 158.53% |
Notes (AR CB) – (placement) | 279,228,497.53 | 179 | 1,448,994,722.50 | 715 | 19.27% |
Notes (AR CB) – (secondary market) | 67,504,812.02 | 39 | 430,559,172.90 | 341 | 15.68% |
Notes Total | 346,733,309.55 | 218 | 1,879,553,895.40 | 1,056 | 18.45% |
Repo operations | 1,920,203,833.05 | 631 | 5,919,582,397.18 | 1,621 | 32.44% |
GS Market Total | 2,883,129,297.13 | 1,182 | 8,187,835,043.64 | 2,983 | 35.21% |
Abbreviations:
GB - government bonds
GS – government securities
CB– corporate bonds
CS– corporate securities
AR MF – Ministry of Finance of Azerbaijan Republic
AR CB – Central Bank of Azerbaijan Republic