Deals at BICEX, March 28

BICEX told that the opening price of the morning session on the BEST (Bourse E-system of Trades) was 0.8675 AZN/USD and deals of AZN 329,650 were closed on USD/AZN T+0 instrument. The manat exchange against the US dollar remained unchanged.

Deals of AZN 971,600 were closed on USD/AZN T+0 instrument in the midday trading. The exchange rate of manat against the US dollar was 0.8675 AZN/USD.

According to the results of the two sessions, the total volume of the trades on USD/AZN instrument amounted to $1.5m or AZN 1,301,250.

The average cost per deal was $300,000. 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 14.67% in manats and 14.63% in USD on 90-day instrument.

An interbank deal of AZN 300,000 for 30 days at an annual interest of 16% was struck at the close, APA reports.