Securities markets exchange turnover exceeded USD 1 bn

For the first time in the history of the national securities exchange market the total turnover of transactions on all instruments at Baku Stock Exchange made AZN 908.608 mln. (1,038.765 mln. in terms of US$) by October 9, 2006. So, the exchange turnover in the amount of 1 bn. US$ forecasted by exchange analysts at the beginning of the year has already been exceeded.

We should note that 89.23% of transactions fell to share of government securities including repo operations with those securities. The largest share in the exchange s gross turnover over the elapsed period was observed on the NBA s Notes primary market 61.08%.

Market segments	2006 (09.10.06) AZN	Share
T-bills (AR MF)   (placement)	64.399.326,60	7,09%
T-bills (AR MF)   (secondary market)	4.702.667,96	0,52%
Notes (AR NB)  (placement)	554.939.708,90	61,08%
Notes (AR NB)  (secondary market)	81.525.291,66	8,97%
Repo operations	105.189.276,23	11,58%
Total GS market	810.756.271,35	89,23%
Corporate bonds(placement)	19.136.058,24	2,11%
Corporate bonds  (secondary market)	1.770.690,13	0,19%
Stocks  (placement)	65.641.276,00	7,22%
Stocks (secondary market)	11.303.496,68	1,24%
Total CS market	97.851.521,05	10,77%
Total	908.607.792,40	100

Abridgement:

 

T-bills  treasury bills

AR MF  Azerbaijan Republic Ministry of Finance

AR NB Azerbaijan Republic National Bank

GS  government securities
        CS corporate securities