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Tariffs for transactions hold on Baku Stock Exchange
| 1. State securities |
Commission fee
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Other conditions
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1.1. Auction
Central Bank's Notes
1 month
Bonds and bills issued by Ministry of Finance
35 days
91 days
182 days
364 days
728 days
1092 days
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0,05%
0,04%
0,07%
0,09%
0,25%
0,25%
0,25%
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Comissions are collected based on volume. Placement fees are collected from the buyer. |
| 1.2. Secondary market |
0,0125%
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Comissions are collected based on volume and from all parties. |
| 2. Repo/reverse Repo operations with Central Bank |
0,001% per each day of transaction |
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| 3. Inter Repo operations |
up to 3 days, 0.001% per day more than 3 days, 0.003% |
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| 4.Stocks |
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| 4.1.Placement |
0,05% - 0.5AZN min, 500AZN max.
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Comissions are collected based on volume and from all parties. |
| 4.2.Secondary market |
0,05% - 0.5AZN min. 200 AZN max.
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Comissions are collected based on volume and from all parties. |
| 5. Corporate bonds |
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5.1. Placement
Not depending on term of circulation |
0,04% |
Comissions are collected based on volume and from all parties. |
| 5.2. Secondary market |
0,0125% |
Comissions are collected based on volume and from all parties. |
5.3. Placement of corporate bonds in foreign currency
Not depending on terms of circulation |
0,04%
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Comissions are collected based on volume and from all parties. |
| 5.4. Secondary market on corporate bonds in foreign currency |
0,0125%* |
Comissions are collected based on volume and from all parties. |
* - In case of transfer of money resources to foreign bank by the results of trade session, BSE additionally collected fee for.
Listing tariffs of Baku Stock Exchange *
| Fee title |
Amount of fee |
Notes |
Nonrecurrent entrance fee
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| 1st tier listing |
| Shares |
3 000 AZN |
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| Bonds |
600 AZN |
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| 2nd tier listing |
| Shares |
600 AZN |
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| Bonds |
300 AZN |
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| Annual maintenance fee |
| 1st tier listing |
| Shares |
0.03% - min. 500 AZN, max. 20 000 AZN |
The fee is calculated as a percentage ratio of the par value of all listed securities of the issuer.
In case securities are admitted to listing in the particular period of the year or there is a new issue, the annual fee is calculated for the period remaining to the end of the year. |
| Bonds |
0.02% - min. 600 AZN, max. 4 000 AZN |
| 2nd tier listing |
| Shares |
0.015% - min. 250 AZN, max. 6 000 AZN |
| Bonds |
0.01% - min. 300 AZN, max. 2 000 AZN |
* - The first 5 issuers to list their securities at the stock exchange in 2010 will be granted 50% discount from the above shown rates. The second five companies will receive 30% discount from the above rates.
Raters for Depositary Service in Baku Stock Exshange
The General Operations:
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Title of service
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Charge for service (AZN)
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Notes
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| Legal entities and physical persons |
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Opening of Emission depo account
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Free of charge |
All settled or partially settled securities will be transferred to the account. |
| Annual charge for Emission depo account maintenance |
20 (AZN) |
All fees should be collected before renewal of the contract. |
| Deposition of emission of issuer |
10 (AZN) |
If an emission depo account has been opened earlier. |
| Opening of depo account |
Free of charge |
Is opened based on the contract on provision of services on private depo account and changes,safe keeping and recording of rights to securities is envisioned by opening of this account. |
| Annual charge for maintenance of depo account |
8 (AZN) |
The comission charge must be paid before the prolongation of contract. |
| The transfer of securities from one depo account to another. |
2 (AZN) |
All transfers of securities between accounts (excluding exchange transactions on sells and buys). |
| The transfer of securities from one sub- account to another. |
1 (AZN) |
Repo/reverse-Repo and other type of operations excluding purchases and sales operations held at BSE. |
| The provision of sertificate of securities |
5 (AZN) |
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| The extract from depo account |
Free of charge |
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| The information provision by relevant securities and trade participants relevant period. |
10 (AZN) |
Excluding the sertificate of securities and extract from depo account. |
Monthly charge for safekeeping:
Small boxes
Big boxes |
14 (AZN)
20 (AZN) |
The special place for storage and recordkeeping of documented securities. |
| 2.BONDS |
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| Tittle of service |
Charge for service (AZN) |
Notes |
| Payment of the interest |
Free of charge |
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| 3.SHARES |
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| Tittle of service |
Charge for service (AZN) |
Notes |
| Payment of dividends |
Free of charge |
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*All rates indicated include VAT.
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