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Armenian Aggression

No building in normal condition left by Armenians in Aghdam

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The photographs taken in Azerbaijan's Aghdam, recently liberated from Armenian occupation, clearly show that the city is completely destroyed, Trend reports.

Buildings located in the city were destroyed, as well as historical and cultural monuments. As a result of the vandalism of the Armenian Armed Forces, the city was turned into ruins.

According to a trilateral statement signed on November 10 by the presidents of Azerbaijan, Russia and the prime minister of Armenia on a complete cessation of fire and hostilities, on November 20, Aghdam district was handed over to Azerbaijan.

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Armenian Aggression

Turkey to continue providing all kinds of assistance to Azerbaijan – Hulusi Akar

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Turkey continues to cooperate with Azerbaijan in the field of military education and training, Turkish Minister of National Defense Hulusi Akar said, Trend reports.

He noted that Turkey will continue to provide all kinds of assistance to Azerbaijan.

"We will be next to our Azerbaijani brothers to the end in a just struggle, let no one doubt this," said Akar.

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Armenian Aggression

Azerbaijani Finance Ministry auctions state medium-term bonds

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The Baku Stock Exchange (BSE) hosted an auction on placement of state medium-term bonds of the Azerbaijan Finance Ministry for a total of 10 million manat ($5.8 million) on Dec.1, 2020, Trend reports with reference to the stock exchange.

The circulation term is 728 days.

During the auction, 9 investors submitted 12 bids in the price range from 97.93 manat ($57.61) with a yield to maturity (YTM) of 8 percent to 100.46 manat ($59.09) with the YTM of 6.6 percent per bond.

According to the decision of the Finance Ministry, the cut-off price of bonds amounted to 100 manat ($58.8) with the YTM of 6.85 percent, and the weighted average price was 100.31 manat ($59.01) with the YTM of 6.68 percent.

The total amount of orders at nominal prices amounted to nearly 42.1 million manat ($24.76 million), and the placement volume – 6.978 million manat ($4.1 million).

Maturity date of the bonds is November 21, 2023.

Bidders must fulfill their obligations to acquire the bonds till Nov.29, 2022.

If during the auction the demand for government bonds exceeds the supply and the price is satisfied by the issuer, the volume of bonds offered by the issuer may be increased up to 50 percent.

Auction participants must fulfill their obligations to purchase bonds by December 2, 2020.

(1 USD = 1.7 AZN on Dec.1)

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Armenian Aggression

Changeable cloudy weather expected in Baku

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By Laman Ismayilova

Changeable cloudy weather is expected in Baku on December 3. Light fog, drizzle will be observed in some places.

The temperature on the Absheron peninsula will be +4-7 °C at night, +10-12 °C in the daytime, the Ecology and Natural Resources Ministry reported.

In Baku, the temperature will be +5-7 °C at night, +10-12 °C in the daytime.

Atmospheric pressure will be 773 mm Hg. Relative humidity will be 70-80 percent at night and 50-55 percent in the daytime.

On December 3, the weather will be mostly rainless in the regions. However, rainy weather is expected in some eastern regions. Fog predicted in some areas. East wind will blow.

The temperature will be +2-6 °C at night, +8-12 °C in the daytime. In the mountains, the temperature will be -3 and -8 °C at night, -2 and +3 °C in the daytime.

On December 3, mild fluctuations of meteorological factors are expected in the Absheron Peninsula, which is mainly favorable for weather-sensitive people.

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