According to BSE, corporative securities market rose by 87.5% to AZN 267.563 mln during the same period. Corporate bond market rose by 2.5 times to AZN 211.006 mln, including primary market of corporate bonds by 38.7% to AZN 64.047 mln, secondary market surged by 3.7 times to AZN 146.959 mln. Share market decreased by 0.7% to AZN 56.558 mln. Primary market of shares dropped 2.8%, secondary market rose 35.1%.
Comparative table on the results of trades of Corporate Securities at BSE
Market segments | January-May (2011) | January-May (2010) | Ratio (%) | ||
Volume of transactions, AZN | Number of transactions | Volume of transactions, AZN | Number of transactions | ||
Corporate bonds (placement) | 64,046,585.00 | 43 | 46,190,263.14 | 60 | 38.7 |
Corporate bonds (secondary market) | 146,959,040.39 | 42 | 39,572,036.11 | 30 | 3.7 times |
CB market total | 211,005,625.39 | 85 | 85,762,299225 | 90 | 2.5 times |
Share (Placement) | 52,349,232.00 | 80 | 53,854,300.00 | 892 | -2.8 |
Share (secondary market) | 4,208,516.14 | 1,212 | 3,114,853.00 | 824 | 35.1 |
Share market total | 56,557,748.14 | 1,292 | 56,969,153.00 | 1 716 | -0.7 |
CS market total | 267,563,373.53 | 1,377 | 142,731,452.25 | 1 806 | 87.5 |
Besides, the market of government securities increased by 4.9 times to AZN 2.946 bln. Though, government bonds market slipped 10% to AZN 154.775 mln. Note markets rose by 5 times to AZN 399.897 mln.
Comparative table on the results of trades of Government Securities at BSE
Market segments | January-May (2011) | January-May (2010) | Ratio (%) | ||
Volume of transactions, AZN | Number of transactions | Volume of transactions, AZN | Number of transactions | ||
GB - (AR MF)(placement)) | 140,552,321.75 | 84 | 108,314,128.48 | 42 | 29.8 |
GB - (AR MF) (secondary market)) | 14.222,417.18 | 18 | 63,639,630.42 | 16 | -4.5 times |
GB Total | 154,774,738.93 | 102 | 171,953,758.90 | 58 | -10 |
Notes (AR CB) – (placement) | 396,340,896.29 | 141 | 78,539,020.96 | 78 | 5 times |
Notes (AR CB) – (secondary market) | 3,556,081.09 | 2 | 0.00 | 0 | - |
Notes Total | 399,896,977.38 | 143 | 78,539,020.96 | 78 | 5 times |
Repo operations | 2,391,687,193.30 | 494 | 346,003,043.77 | 358 | 7 times |
GS Market Total | 2,946,358,909.61 | 739 | 596,495,823.63 | 494 | 4.9 times |
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 R.