TRADES AT BICEX
In the morning, the volume of deals closed by two banks was 150 thousand dollars. The new session opening exchange rate was 4917 manat for 1 US dollar. At the volume of offer 120 thousand dollars, the initial call was 150 thousand dollars, whereupon the session closing exchange rate dropped down to 4919 manat for 1 US dollar.
According the results of the voice trading, the price for American currency appeared in the banks proposals in the electronic system of trades BEST was limited by 4919 manat for 1 US dollar. On USD/AZM T+0 instrument in BEST, the volume of 695 thousand dollars was fixed, which in manat equivalent turned up 3,419 billion. The average cost of one deal was 115 833 dollars. On T+1,T+2 instruments, no deals were closed because of lack of demand. Proposals on EUR/AZM, RUR/AZM in BEST were not issued by the banks.
In the interbank credit market functioning in the framework of BEST, the banks has applied for placing mantn credits to total amount of 3, 117 billion manat at 10% interest rate yearly.
No deals on credit instrument between the banks were closed on December 5.
The interbank deal on loan of 100 million AZM at 10 percent interest rate yearly was registered on December 5. The term of crediting made up 3 days.
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