Government securities market slumps in Azerbaijan

Government securities market slumps in Azerbaijan
# 14 September 2009 09:42 (UTC +04:00)
Baku. Nijat Mustafayev - APA-ECONOMICS. Azerbaijan saw a two-fold decline in the government securities market from January to August 2009, said the State Committee for Securities.

According to statistics, 2 554 408 165 manats worth of 749 transactions were concluded.
However, government bonds doubled during this period.

333 836 932 manats worth of 100 deals on government bonds were closed, up 2.3 times from a year ago.

The volume of transactions on the Central Bank’s notes fell by 4.8 times.

Repo and reverse repo transactions also plunged by two-fold.


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