BAKU, Azerbaijan, Nov. 5
By Zeyni Jafarov - Trend:
The total volume of transactions on state securities on the Baku Stock Exchange (BSE) amounted to 6.69 billion manat ($3.9 billion) from January through October 2020, and their number - 1,438 transactions, Trend reports, citing the exchange's reporting data.
Among the carried out operations, 924 transactions worth 5.8 billion manat ($3.4 billion) (about 87 percent of the total) were made in the primary market. Of these, more than 85 percent of transactions (609) were made on short-term notes of the Central Bank of Azerbaijan (CBA) in the total amount of 4.95 billion manat ($2.9 billion).
The secondary market of government securities accounted for 514 transactions in the total amount of 873.1 million manat ($513.6 million). The share was 8.6 percent of the total amount and 13.1 percent of the total number of transactions on state securities.
REPO transactions on state securities amounted to 1.6 billion manat ($941.2 million). In total, in January-October, the BSE conducted 1002 REPO transactions on government securities.
Over the past year, the number of completed transactions increased by 5.6 percent to 4,674.
The capitalization of the BSE on the last trading day of October 2020 increased by 10 percent compared to the beginning of the year and amounted to 2.7 billion manat ($1.6 billion).