Baku SE – Press Release

Thursday, 14 December 2006

PRESS-RELEASE


 


Baku, December 1, 2006


 


The total turnover of transactions on all instruments at Baku Stock Exchange made AZN 1,129.956 mln. over the past 11 months of 2006. This indicator exceeds the relevant one for the analogous period of the last year by 256.34%. 


89.57% of transactions fell to share of government securities including repo operations with those securities.


It is noteworthy that the growth of the stock exchange activity occurred in all segments of the organized securities market except repo transactions. There was registered 9.95% reduction in this segment. The largest growth was observed in the corporate bonds segment, where the placement volume exceeded the 14-times indicator (see: the table below).


 


Comparative table on the results of auctions on all instruments on the BSE


 (January-November 2006)




































































Market segments


2006 (30.11.06)


AZN

2005(30.11.06)


AZN

Growth, %


T-bills (AR MF)   (placement)


91.403.303,58


57.255.005,60


159,64%


T-bills (AR MF)   (secondary market)


5.746.616,24


3.587.238,20


160,20%


Notes (AR NB) (placement)


702.455.193,34


184.637.991,60


380,45%


Notes (AR NB) (secondary market)


103.166.605,64


22.943.865,04


449,65%


Repo operations


109.278.137,81


121.353.135,71


90,05%


Total GS


1.012.049.856,61


389.777.236,15


259,65%


Corporate bonds (placement)


32.388.528,24


2.277.383,63


1422,18%


Corporate bonds (secondary market)


1.842.953,36


879.348,93


209,58%


Stocks (placement)


70.486.378,35


43.317.445,20


162,72%


Stocks


(secondary market)


13.188.367,46


4.546.191,58


290,10%


Total CS


117.906.227,41


51.020.369,35


231,09%


Total

1.129.956.084,02


440.797.605,50


256,34%


Abridgement:


 


T-bills treasury bills


AR MF Azerbaijan Republic Ministry of Finance


AR NB Azerbaijan Republic National Bank


GS government securities


CScorporate securities