12:36 - 23.05.2025

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May 23, Fineko/abc.az. "As a result of the successful implementation of the strategy, since 2018, the government bond market has grown almost 9-fold and reached volume of 9 billion manats. Development of the government bond market has led to expansion of other secondary financial instruments, such as the secondary market and the REPO market. Thus, during this period, the secondary market grew 5-fold, and the volume of REPO transactions increased almost 60-fold.

ABC.AZ informs that Azer Mursagulov, the director of the Agency for Public Debt and Financial Obligations Management under the Ministry of Finance, made this statement during his speech at the financial and investment forum in Baku. He noted that previously, banks and insurance companies were the main investors in government securities, but recently both institutional and corporate investors, as well as individuals, including foreign citizens, have become involved in the investor base.

"This is an indicator that the market is deepening and expanding. In this context, the role of mediator companies should also be emphasized. Because they help establish effective links between investors and the securities market and ensure participation in the market," Mursagulov said.