Azerbaijan says debt securities market plunges

Azerbaijan says debt securities market plunges
# 14 May 2009 16:53 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. Azerbaijan’s debt securities market remained relatively buoyant during January-April mainly because of government debt instruments, said the State Committee for Securities.

The debt securities market totalled AZN 2.08 billion for the four months, down 26.7% from the same period last year.

The Central Bank’s short-term notes and Finance Ministry’s T-bills accounted for 85% and 14.7% respectively of the total debt securities market.
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