Names made public of the instruments to be put on the security market in Azerbaijan

Two new instruments will be put on the Azerbaijan’s capital market, recently, chairman of State Committee for Securities Rufat Aslanlli reported.

According to him, one of the new instruments is to conduct repo and anti-repo operations and the rules on this have been already made and submitted to Ministry of Justice. At the same time, BSE’s works on these issues are about to be over.

The second instrument is mortgage bonds ad the draft law on this has already been submitted to the parliament: “I hope, the document will be discussed at the next meeting of parliament.”

He also noted that, new mortgage bonds are better than previous ones.


/APA/