Azerbaijan, Baku, July 25 / Trend A. Akhundov /
The Azerbaijani securities market increased by 55 percent in the first half of 2012 compared to the same period of last year, Chairman of the State Securities Committee Rufat Aslanli said at the board meeting of the committee today.
"The Azerbaijani securities market increased by 55 percent per year and reached 5.8 billion manat for the first six months amid anti-inflationary monetary policy and variability of a number of structural factors," Aslanli said.
He added that the Central Bank's notes became one of the most actively traded instruments. The volume of repo transactions increased in the market.
"The primary and secondary bond markets of the Azerbaijani Mortgage Fund decreased by 65.4 percent and reached 73.6 million manat," he said.
Aslanli instructed to start working on the medium-term planning of the State Securities Committee's activity in 2013-2015 and to ensure opportunities of wide use of the committee's electronic services.
The official exchange rate is 0.7856 AZN/USD on July 25.