Bank Of Baku

Secondary market of private sector’s corporate bonds market increases

Secondary market of private sector’s corporate bonds market increases
# 10 August 2012 11:46 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. While a lag was observed in corporate bonds placement by private sector companies, secondary market of these bonds significantly increased, said the report of State Committee for Securities for second half of 2012.

Report says volume of bonds placed by private sector companies made AZN 18.8 mln, secondary market – AZN 54.2 mln, up 10.3 times from year earlier.

Note that, corporate securities in Azerbaijan’s fund market dropped 42% to AZN 146.6 mln.
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