According to BSE, corporative securities market rose by 66%. AZN 133.607 mln-placement was recorded on 85 deals in primary-market of corporate bonds, AZN 141.714 mln deals on 97 deals were closed at the secondary market of bonds, up 69.1% and 2.7 times compared to a year earlier. AZN 97.369 mln made the deals on share market, down 36.5% from year ago. Primary market of shares declined 39.2%, secondary market rose 23.5%.
Corporative securities
(January-November, 2011)
Market segments | January-November, 2011 | January-November, 2010 | Ratio (%) | ||
Volume of transactions, | Number of transactions | Volume of transactions, AZN | Number of transactions | ||
Corporate bonds (placement) | 141,713,489.45 | 85 | 83,818,004.39 | 97 | 69.1% |
Corporate bonds (secondary market) | 405,134,826.41 | 97 | 150,935,188.57 | 100 | 2.7 times |
CB market total | 546,848,315.86 | 182 | 234,753,192.96 | 197 | 2.3 times |
Share (Placement) | 89,163,399.10 | 130 | 146,701,490.96 | 1,808 | -39.2% |
Share (secondary market) | 8,205,677.12 | 3,189 | 6,645,862.19 | 1,859 | 23.5% |
Share market total | 97,369,076.22 | 3,319 | 153,347,353.15 | 3,667 | -36.5% |
CS market total | 644,217,392.08 | 3,501 | 388,100,546.11 | 3,864 | 66% |
Besides, the market of government bonds decreased by 31.1%. The primary market of government bonds dropped 24.4%, secondary market decreased by 2.2 times.
Comparative table on the results of trades of Government Securities at BSE
(January-November, 2011)
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)) | 232,073,000.38 | 128 | 307,036,851.04 | 123 | -24.4% |
GB - (AR MF) (secondary market)) | 41,570,251.84 | 41 | 89,941,551.73 | 48 | -2.2 times |
GB Total | 273,643,252.22 | 169 | 396,978,402.77 | 171 | -31.1% |
Notes (AR CB) – (placement) | 592,397,417.19 | 257 | 189,418,737.38 | 146 | 3.1 times |
Notes (AR CB) – (secondary market) | 9,555,687.77 | 5 | 5,564,936.87 | 2 | 71.7% |
Notes Total | 601,953,104.96 | 262 | 194,983,674.25 | 148 | 3.1 times |
Repo operations | 5,035,961,626.19 | 1,172 | 709,908,031.43 | 674 | 7.1 times |
GS Market Total | 5,911,557 983.37 | 1,603 | 1,301,870 108.45 | 993 | 4.5 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.