In 2024, transactions worth 72.47 billion manats ($42.62 billion) were conducted in Azerbaijan's securities market, 2.6 times more than in 2023, Report informs, citing the Central Bank of Azerbaijan.
Of the annual figure, 8.65 billion manats ($5.08 billion) were formed in the primary market (5.1% more), and 63.82 billion manats ($37.54 billion) in the secondary market (3.2 times more).
During the reporting period, 72,272 transactions were concluded in the securities market, 5.3 times more compared to the previous year. Of these transactions, 51,762 were in the primary market (22.6 times more) and 20,510 were in the secondary market (82.3% more).
During January-December, of the transactions conducted in Azerbaijan's securities market, slightly over 7.86 billion manats ($4.62 billion) or 10.9% were state securities, 3.69 billion manats ($2.17 billion) or 5.1% were corporate securities, and 60.92 billion manats ($35.84 billion) or 84.1% were repo operations. These figures are 6.4% less, 61.8% more, and 3.5 times more respectively compared to the previous year.
Of the transactions concluded in these 12 months, 2,725 or 3.8% were state securities, 61,058 or 84.5% were corporate securities, and 8,489 or 11.7% were repo operations representing 2.9% decrease, 15.4 times increase, and 25.3% increase respectively compared to the previous year.