Azerbaijani National Depository Center makes payments on Finance Ministry's bonds

Economy Materials 27 January 2023 09:57 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, January 27. The National Depository Center (NDC) of Azerbaijan made coupon payments on the Finance Ministry's bonds as a paying agent, Trend reports citing NDC.

According to the NDC, the overall amount of payments accounted for 3.42 million manat ($2.01 million).

Meanwhile, a total of 2,113 new accounts were opened for investors in Azerbaijani National Depository Center (NDC) in 2022. According to the center, the overall number of investor accounts reached 119,623.

Some 2,064 of the new accounts belonged to resident investors, while 49 belonged to non-residents.

The National Depository Center public entity is an integral part of the national depository system. The center is aimed to arrange and manage the depository's activity, which is engaged in holding securities, registering property rights and other rights to them, as well as in providing services related to transactions in securities in the Azerbaijan Republic.