BAKU, Azerbaijan, January 16. New situations
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 experiences through the Baku
Inventory Change (BSE).
In keeping with the BSE, restrictions for secondary market gamers
have been eased beneath the brand new guidelines.
“Which means that any particular person or authorized physique should purchase and promote
CBA securities, in addition to conduct repossessions and different
transactions. The brand new rule, which expands funding alternatives,
makes these belongings extra accessible,” 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 keeping with the BSE.
Securities turnover on the Baku Inventory Change (BSE) hit 27.3
billion manat ($16 billion) in 2023, an 83 % improve from
2022.
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