Repo operations start at BSE with AccessBank’s shares

Repo operations start at BSE with AccessBank’s shares
# 13 March 2015 08:42 (UTC +04:00)

Baku - APA-Economics. On March 13, repo operations started at Baku Stock Exchange with the interest-bearing, unsecured, book-entry shares of AccessBank and Embawood.

BSE told APA-Economics that amount of security for shares makes 40%.

The repo operations among the BSE members with the investment securities have started since February 25, 2014.

Embawood started placement of AZN 10 mln on August 22, 2014, AccessBank – of AZN 12 mln on December 29, 2014.

Underwriter is PASHA Capital LLC.

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THE OPERATION IS BEING PERFORMED