AGBI Index reaches 1.0028 while ANBDI stands at 1.0002

AGBI Index reaches 1.0028 while ANBDI stands at 1.0002
# 03 December 2008 09:50 (UTC +04:00)
Bakı. Vahab Rzayev – APA-Economics. AGBI (Azerbaijan Government Bonds Index) for short-term treasury bills of the Ministry of Finance rose 0.0025 points or 0.25% to 1.0028 on December 3, according to APA-Economics calculations.
Meanwhile, ANBDÄ° (Azerbaijan National Banks Debts Index for short-term notes of National Bank of Azerbaijan remained steady at 1.0002 because no auction on placement of notes were held.
From December 1, 2008, APA-Economics began to calculate the Financial Stability Indices for government securities, taking to account the need to draw attention to the securities market of Azerbaijan and to increase investors’ interest in this segment and to calculate the single rate that reflects current market situation.
Indexes will be updated daily.
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THE OPERATION IS BEING PERFORMED