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Amendments of trading tariffs approved at BSE

Corporate news

In accordance with the objectives set out in the “Strategic Roadmap for the Development of Financial Services in the Republic of Azerbaijan”, including positive trends in capital markets and growth rates observed in the stock market, the Baku Stock Exchange has revised its trading rates. As a result of modeling and comparative analysis, the fee for the market of preferred bonds was reduced twice. A service fee of repo transactions, the trade volume of which have significantly increased, has been simplified.

The following changes come into the force on 1 November 2019:

Service Old tariff New tariff Note
Placement of Government and Municipal securities 0.04% 0.02% The commission is charged to investors as a percentage  of the transaction amount
Placement of notes of the Central Bank of the Azerbaijan Republic 0.04% 0.02% The commission is charged to investors as a percentage  of the transaction amount
Placement of corporate bonds 0.04% 0.02% The commission is charged to the investor and calculated percentage of  the transaction volume. This expense might be paid by issuer
Placement of bonds by International Financial Institutions of which the Republic of Azerbaijan is a member 0.04% 0.02% The commission is charged to the investor and calculated percentage of  the transaction volume. This expense might be paid by issuer
Repo transactions Up to 3 (three) days, 0.001% per day; over 3 (three) days 0.003% 0,001% The commission fee is deducted from the amount of opening transaction and applied to both parties (no fee is charged from the Central Bank of the Republic of Azerbaijan)

New trading rates are available on the Baku Stock Exchange’s website in the “Markets and Instruments” section (https://bfb.az/tarifler/).