The volume of interbank deals more than trebled at BICEX

74 interbank deals worth AZN 32.99m were closed at the credit department of the BICEX of which 47.3% were in the national currency.
The volume of the deals rose by 3.4 times from last year.
The BICEX told the APA that annual average interest rate for the dollar deals closed through the BEST (Bourse E-system of Trades) at the Authorized Interbank Credit Market stood at 12.6781% and for manat deals 13.5156%.
The average period for national-currency deals was 48 days and for EUR and USD deals was 42 days.
The annual average weighted interest rate or 90-day deals on the bids by market maker banks was 15.59% in manat and 15.77% in the USD. /APA/
The volume of the deals rose by 3.4 times from last year.
The BICEX told the APA that annual average interest rate for the dollar deals closed through the BEST (Bourse E-system of Trades) at the Authorized Interbank Credit Market stood at 12.6781% and for manat deals 13.5156%.
The average period for national-currency deals was 48 days and for EUR and USD deals was 42 days.
The annual average weighted interest rate or 90-day deals on the bids by market maker banks was 15.59% in manat and 15.77% in the USD. /APA/
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