OREANDA-NEWS. October 27, 2011. One of Azerbaijan’s largest private loan institutions OJSC PASHA Bank is expanding its services on preservation of securities liquidity.

Board Chairman of PASHA Bank Farid Akhundov has reported that they currently have finished negotiations with issuers on this matter and there are still talks that are underway.

"In the nearest future these issuers are expected to introduce their securities at the market",- F. Akhundov said.

The topic of negotiations is issuance and maintenance of their bonds’ liquidity at secondary market on daily basis.

"At that the yield level can become more interesting and stimulate new investors’ coming to the market. To date our interest is deepening of the market , including through issuance and preservation of liquidity for corporate issuers",- F. Akhundov said.

PASHA Bank has already started providing market-maker services to a few issuers.

" So far institutional investors , banks and leasing companies having any liquidity actively make use of state and quasi-state (Azerbaijan Mortgage Fund’s bonds) tools ",- the Board Chairman noted.

Treasury operations are one of PASHA Bank’s priority directions which already keeps 40-45% of its assets in securities.