Share market declined 48% to AZN 28.710 mln. Primary market of shares decreased by 46%, secondary market – by 4.4 times.
Corporative securities
Market segments | January-April, 2012 | January-April, 2011 | Ratio (%) | ||
Volume of transactions, | Number of transactions | Volume of transactions, AZN | Number of transactions | ||
Corporate bonds (placement) | 19,284,834.00 | 30 | 42,882,000.99 | 31 | -2.2 times |
Corporate bonds (secondary market) | 27,466,628.68 | 17 | 143,330,069.66 | 36 | -5.2 times |
CB market total | 46,751,462.68 | 47 | 186,212,070.65 | 67 | -4 times |
Share (Placement) | 27,867,476.35 | 31 | 51,479,170.00 | 71 | -46% |
Share (secondary market) | 842,124.97 | 1,154 | 3,725,415.78 | 972 | -4.4 times |
Share market total | 28,709,601.32 | 1,185 | 55,204,585.78 | 1,043 | -48% |
CS market total | 75,461,064 | 1,232 | 241,416,656 | 1,110 | -3.2 times |
BSE positive dynamic was caused by government securities and repo operations on notes. So, CB notes rose 29.4% in comparison to 2011. Primary market of notes rose by 28.2%, secondary market – by 2.3 times. At the same time, repo operations on notes increased by 74.4% to AZN 3.211 bln. No deals were closed in government bonds market. Totally, GS market rose 58.8% to AZN 3.610 bln.
Comparative table on the results of trades of Government Securities at BSE
Market segments | January-April, 2012 | January-April, 2011 | Ratio, | ||
Volume of transaction, | Number of transaction | Volume of transaction, | Number of transaction | ||
GB - (AR MF)(placement)) | 0.00 | 0 | 112,712,249.95 | 71 | - |
GB - (AR MF) (secondary market)) | 1,325,851.92 | 2 | 12,215,017.18 | 17 | -9.2 times |
GB Total | 1,325,851.92 | 2 | 124,927,267.13 | 88 | -94.2 |
Notes (AR CB) – (placement) | 389,476,825.08 | 95 | 303,684,114.34 | 107 | 28.2% |
Notes (AR CB) – (secondary market) | 8,077,756.64 | 4 | 3,556,081.09 | 2 | 2.3 times |
Notes Total | 397,554,581.72 | 99 | 307,240,195.43 | 109 | 29.4% |
Repo operations | 3,211,300,530.66 | 459 | 1 841,722,089.54 | 366 | 74.4% |
GS Market Total | 3,610,180,964 | 560 | 2,273,889,552 | 563 | 58.8% |
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.