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BAKU, Azerbaijan, January 16. New circumstances
for issuing notes had been permitted by the choice of the board of the
Central Financial institution of Azerbaijan (CBA) dated December 27, 2023, Development studies by way of the Baku
Inventory Alternate (BSE).
In response to the BSE, restrictions for secondary market gamers
have been eased underneath the brand new guidelines.
“Which means that any particular person or authorized physique should buy and promote
CBA securities, in addition to conduct repossessions and different
transactions. The brand new rule, which expands funding alternatives,
makes these property extra obtainable,” the BSE famous.
There are additionally no restrictions on the quantity of a aggressive
provide {that a} participant can submit on the CBA notes public sale,
in line with the BSE.
Securities turnover on the Baku Inventory Alternate (BSE) hit 27.3
billion manat ($16 billion) in 2023, an 83 p.c improve from
2022.
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