Premium account

2

Information provision, consultation services such as an investigation of the securities market, preparing and submitting documents, presenting different kind of additional reports required by a client are free of charge for this account. A broker does not have a right to advice or the client does not have to receive a proposal or take an explanation as advice or as analyze.

Opening a premium account requires 25 000 AZN minimal investment.

Types of Services Service fee
Broker agreement No fee
1. Treasury Bills
1.1. Auction: One monthThree months

Six months

One year and more

0.05% of a deal sum0.1% of a deal sum

0.15% of a deal sum

0.35% of a deal sum

1.2. Secondary Market 0.0225% of a deal sum
 2. Short-term Notes of the Central Bank
2.1. Auction: One month 0.06% of a deal sum
2.2. Secondary Market 0.0225% of a deal sum
3. Mortgage Bonds
3.1. Initial placement- not depending on turnover period 0.045% of a deal sum
3.2. Secondary Market 0.0175% of a deal sum
4. Stocks (Shares)
4.1. Initial placement 0.1% of a deal sum
4.2. Secondary Market 0.5% of a deal sum
5. Corporate Bonds
5.1. Initial placement- not depending on turnover period 0.05% of a deal sum
5.2. Secondary Market 0.03% of a deal sum
6. REPO
6.1. REPO/REVERSE REPO operations with bonds issued by the Ministry of Finance of Azerbaijan Republic and Notes of the Central Bank of Azerbaijan Republic For each day 0.002% of a deal sum
6.2. REPO/REVERSE REPO operations with other bonds For each day 0.002% of a deal sum
7. Obtaining of extracts from depot-account Free (For the first time on each security)
8. Consultation services (monthly) Free
9. Constitute documents submitting to other organizations (yearly) Free
10. Providing additional information (monthly) Free

Note: Commission fees include BSE and NDC commission fees related with deals. Minimum sum of commission is set 5 AZN.