According to BSE, corporative securities market decreased 49% during the same period. Primary market of corporative market dropped 38.7%, secondary market – 2.4 times. Generally, corporative bonds market decreased 2.2 times.
About share market, volume of deals registered on this type of securities made AZN 5.556 mln, up 31.7% from January-February, 2011. Primary market of shares rose 2.6 times, secondary market declined by 8.7 times.
Corporative securities
Market segments | January-February (2012) | January-February (2011) | Ratio, % | ||
Volume of deals, AZN | Number of deals | Volume of deals, AZN | Number of deals | ||
Corporate bonds (placement) | 9,970,335.00 | 9 | 16,264,001.00 | 18 | -38,7 |
Corporate bonds (secondary market) | 24,215,857.71 | 12 | 57,500,501.24 | 28 | -2.4 times |
CB market total | 34,186,192.71 | 21 | 73,764,502.24 | 46 | -2.2 times |
Share (Placement) | 5,303,000.00 | 9 | 2,015,196.00 | 10 | 2.6 times |
Share (secondary market) | 252,942.93 | 304 | 2,201,902.12 | 404 | -8.7 times |
Share market total | 5,555,942.93 | 313 | 4,217,098.12 | 414 | 31.7 |
CS market total | 39,742,135.64 | 334 | 77,981,600.36 | 460 | -49 |
Besides, the market of government securities increased. So CB notes rose 69.7% during two months. Primary market of notes rose by 10 times. At the same time, repo operations soared 2.6 times to AZ 1.677 bln. No deals were closed in GB market. Generally, GS market rose 2.3 times top AZN 1,879,148,902.93.
Comparative table on the results of trades of Government Securities at BSE (January-February, 2012)
Market segments | January-February (2012) | January-February(2011) | Ratio (%) | ||
Volume of transactions, AZN | Number of transactions | Volume of transactions, AZN | Number of transactions | ||
GB - (AR MF)(placement))) | 0.00 | 0 | 40,874,408.56 | 22 | - |
GB - (AR MF) (secondary market)) | 0.00 | 0 | 6,565,108.68 | 7 | - |
GB Total | 0.00 | 0 | 47,439,517.24 | 29 | - |
Notes (AR CB) – (placement) | 199,672,098.71 | 53 | 118,854,555.17 | 46 | 68 |
Notes (AR CB) – (secondary market) | 2,495,727.50 | 1 | 250,095.92 | 1 | 10 times |
Notes Total | 202,167,826.21 | 54 | 119,104,651.09 | 47 | 69.7 |
Repo operations | 1,676,981,076.72 | 243 | 633,075,150.96 | 124 | 2.6 times |
GS Market Total | 1,879,148,902.93 | 297 | 799,619,319.29 | 200 | 2.3 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.