The dynamics of the volumes growth of the Azerbaijani securities market in 2007 will preserve the level of 2006.

Mediamax reports referring Trend that the Chairman of the Azerbaijani State Commission on securities Gunduz Mamedov stated that this year the entering of the Azerbaijani securities beyond the boundaries of the country, as well as the development of the stock market in the regions will be accelerated.

According to him, the demand for the securities of Azerbaijani issuers can be present on the markets of Russia, Kazakhstan, Moldova, Ukraine and Georgia.

The International Bank of Azerbaijan already stated about the plans to issue its euro-securities, and “Atabank” intends to place its securities on foreign markets.

“We support this plans and are ready to render them assistance”, Gurduz Mamedov stated.

Last year, the Azerbaijani securities were first placed on the foreign capital market - the MKT Istehsalat Company cashed in Latvia its loan securities at the sum of $5mln.