Deals of $4.17m closed at BICEX

BICEX told that the opening price of the morning session on the BEST (Bourse E-system of Trades) was 0.8685 AZN/USD and no deals were closed on USD/AZN T+0 instrument.

The manat exchange against the US dollar remained unchanged.
 
Deals of AZN 3,621,645 were closed on USD/AZN T+0 instrument in the midday trading. The exchange rate of manat against the US dollar was made 0.8685 AZN/USD.
 
According to the results of the two sessions, the total volume of the trades on USD/AZN instrument amounted to $4.17m or AZN 3,621,645.

The average cost per deal was $700,000. On USD/AZN T+1, T+2 instruments and SWAP_USD/AZN in BEST, no deals were closed through lack of demand.

No bids on RUB/AZN and EUR/AZN T+1instruments were made by banks. In the interbank credit market functioning in the framework of BEST, BakiBOR index counted in line with requests made by market makers constituted 14.51% in manats and 14.47% in USD on 90-day instrument.

Interbank deals of AZN 300 were closed or 22 days with an interest rate of 125 annually, APA reports.