According to BSE, corporative securities market rose by 72.3%. AZN 133.607 mln-placement was recorded on 77 deals in primary-market of corporate bonds, AZN 355.155 mln deals on 87 deals were closed at the secondary market of bonds, up 82.8% and 2.4 times compared to a year earlier. AZN 91.738 mln made the deals on share market, down 27% from year ago. Primary market of shares declined 30.4%, secondary market rose 48.6%.
Corporative securities
Market Segments | January-October, 2011 | January-October, 2010 | Ratio, | ||
Volume of transactions, | Number of transactions | Volume of transactions, AZN | Number of transactions | ||
Corporate bonds (placement) | 133,607,075.46 | 77 | 73,074,590.01 | 88 | 82.8% |
Corporate bonds (secondary market) | 355,154,749.07 | 87 | 138,262,949.12 | 90 | 2.6 times |
CB market total | 488,761,824.53 | 164 | 211,337,539.13 | 178 | 2.3 times |
Share (Placement) | 83,703,599.10 | 119 | 120,266,868.96 | 1,796 | -30.4% |
Share (secondary market) | 8,034,438.96 | 2,970 | 5,407,398.35 | 1,676 | 48.6% |
Share market total | 91,738,038.06 | 3,089 | 125,674,267.31 | 3,472 | -27% |
CS market total | 580,499,862.59 | 3,253 | 337,011,806.44 | 3,650 | 72.3% |
Besides, the market of government bonds decreased by 15.8%. The primary market of government bonds rose 0.1%, secondary market decreased by 2.2 times.
Comparative table on the results of trades of Government Securities at BSE
Market segments | January-October, 2011 | Yanvar-oktyabr, 2010 | Ratio, | ||
Volume of transaction, | Number of transaction | Volume of transaction, | Number of transaction | ||
GB - (AR MF)(placement)) | 210,444,668.77 | 115 | 210,292,967.70 | 92 | 0.1% |
GB - (AR MF) (secondary market)) | 39,563,251.84 | 40 | 86,831,231.89 | 46 | -2.2 times |
GB Total | 250,007,920.61 | 155 | 297,124,199.59 | 138 | -15.8% |
Notes (AR CB) – (placement) | 560,442,611.95 | 232 | 170,440,933.81 | 136 | 3.3 times |
Notes (AR CB) – (secondary market) | 9,555,687.77 | 5 | 5,564,936.87 | 2 | 71.7% |
Notes Total | 569,998,299.72 | 237 | 176,005,870.68 | 138 | 3.2 times |
Repo operations | 4,676,019,813.36 | 1,086 | 649,862,165.63 | 644 | 7.2 times |
GS Market Total | 5,496,026,033.69 | 1,478 | 1,122,992,235.90 | 920 | 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.