Azerbaijan, Baku, Jan.9 / Trend N.Ismayilova /
The National Depository Center (NDC), under the Azerbaijani State Committee for Securities, registered 253 exchange deals on sale of stocks worth 80.7 million manat at negotiated price, and 78.7 million manat at par value in December 2011, the Centre reported.
A total of 210 ex-pit transactions worth 9.98 million manat at par value and 15 deals on additional emissions worth 947.2 million manat at par value were registered in the Depository Center in December, 2011. It became a record volume for the last 2 years.
The volume of exchange deals exceeded ex-pit transactions by 8 times in December 2011, and the number of exchange deals exceeded ex-pit transactions by 20.5 per cent. Currently the NDC keeps securities worth 5.43 billion manat.
The National Depository Center was established on September 18, 1997. The Azerbaijani State Property Committee is a founder and owner of the whole package of shares. After the Azerbaijani State Committee for Securities was established, the center's shares were transferred to its property. The center was then re-established by the Azerbaijani State Committee for Securities on Sept. 8, 1999 and registered on Sept. 17, 1999.
The official exchange rate is 0.7864 AZN/USD.