Bank Of Baku

Azerbaijan sees decline in corporate securities market

Azerbaijan sees decline in corporate securities market
# 05 July 2012 13:34 (UTC +04:00)
State Committee for Securities told APA that, during the reporting period, placement of corporate bonds dropped 55.3% to AZN 32.185 mln, primary market of bonds declined 33.8% to AZN 35.452 mln.

Secondary market of corporate bonds decreased by 52.6% to AZN 83.783 mln, while secondary share market rose 7.3% to AZN 4.781 mln.

Besides, during the first hal-year, state securities market soared 63.6% to AZN 5.592 bn. Of these, AZN 35.754 mln fell on share of state bonds, AZN 1.326 mln – secondary market of state bonds, AZN 604.249 mln – CB-notes, AZN 12.487 mln – secondary market of notes, AZN 4.938 bn – repo operations. Compared to last year, placement of state bonds dropped 79.4%, secondary market – 93.4%. Whereas, notes’ market rose 25.3% and 30.7%, respectively. Turnover of repo operations extended 80.8% during the reporting period.

Segments of marketJanuary-June, 2012Janaury-June, 2011Comparison (%)
Sum of deals.
AZN
Number of dealsSum of deals.
AZN
Number of deals
SB (FinMinistry)  (Placement)35 753 471.0715173 869 168.7710320.56%
SB (FinMinistry) 
(Secondary market)
1 325 851.92220 224 687.58206.56%
Notes (CBA)  (placement)604 249 270.36145482 453 357.93172125.25%
Notes (CBA)
(secondary market)
12 486 939.0289 555 687.775130.68%
Repo operations4 938 350 331.896592 731 753 699.47605180.78%
State Securities market total5 592 165 864.268293 417 856 601.52905163.62%
Corporate bonds (placement)32 185 335.005372 080 584.004844.65%
Corporate bonds
(secondary market)
83 782 802.7132176 689 238.854947.42%
Shares(placement)35 451 602.554753 549 232.008166.20%
Shares
(secondary market)
4 780 883.771 8104 455 273.501 624107.31%
Corporate securities market total 156 200 624.031 942306 774 328.351 80250.92%
TOTAL5 748 366 488.292 7713 724 630 929.872 707154.33%
1 2 3 4 5 İDMAN XƏBƏR
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