Azerbaijan, Baku /корр. Trend S.Babayeva / The Securities market has expanded in Azerbaijan and financial indices fixed over the first 8 months of 2006 testify this, Gunduz Mammadov, the Chairman of the State Securities Committee, said in a news conference on 14 September.
In January to August, 97 issues of stock have undergone state registration in the amount of AZN 650mln, which is up by AZN 490mln compared to the same period of 2006. Twelve issues of corporate bonds have been registered in the amount of AZN 42mln, or an increase of AZN 18mln compared to the first 8 months of 2006.
During this period 74 promissory bills have been issued to the amount of AZN 8mln, or 41 bills more than the same period of 2006. A total of 1,486 mortgage papers have been registered with an increase of 1,441 papers. Some 3,719 dwelling certificates have been issued for 426,000 sq m area in the amount of AZN 236mln.
Over 8 months a total of 3,279 contracts have been concluded at the secondary market in the amount of AZN 106mln, or AZN 55mln more than the same period of 2006.