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Azerbaijan sees 20% decline in CB secondary market

04 December 2012 09:41 (UTC +04:00)

Baku. Nijat Mustafayev – APA-ECONOMICS. The total volume of transactions for the January-November of 2012 for all securities traded in Baku Stock Exchange was AZN 8.631 bln, up 31.6% from 2011.

According to BSE, corporative securities market rose 18.5% to AZN 763.154 mln. Corporate bonds market primary market dropped 3.8 times, secondary market – 19.5%. CS market mainly increased due to share placement. So, the primary market of shares rose 4.3 times, secondary market – 47.4% during the reporting period.

Primary market of government bonds slipped 2.3 times, secondary market – by 49.4%. CB notes turnover soared 57.8% to AZN 949.942 mln, including primary market of notes surged 37%, secondary market – 14.5 times%. In general, the government securities market increased 33.1%.

Market segments	January-November, 2012		January-November, 2012		Ratio
Market segments	Volume of transactions, AZN	Number of transactions	Volume of transactions, AZN	Number of transacti	Ratio
GB (AR MF) (placement)	98,537,112.31	56	232,073,000.38	128	-2.3 times
GB (AR MF) (secondary market)	21,029,020.89	19	41,570,251.84	41	-49.4%
Notes (CBA) – (placement)	811,733,044.92	209	592,397,417.19	257	37%
Notes (CBA) (secondary market)	138,209,486.82	26	9,555,687.77	5	14.5 times
Repo operations	6,798,310,399.70	938	5,035,961,626.19	1,177	35%
GS market total	7,867,819,064.64	1 248	5,911,557,983.37	1,608	33.1%
Corporate bonds (placement)	37,635,335.00	73	141,713,489.45	85	-3.8 times
Corporate bonds (secondary market)	325,946,685.47	114	405,134,826.41	103	-19.5%
Shares (placement)	387,479,137.24	227	89,163,399.10	130	4.3 times
Shares (secondary market)	12,092,680.40	3,084	8,205,677.12	3,159	47.4%
CS market total	763,153,838.11	3,498	644,217,392.08	3,477	18.5%
Total	8,630,972,902.75	4,746	6,555,775,375.45	5,085	31.6%