ECONOMY
TENDERS AT BICEX
According to the informational-analytical department of the exchange, in the morning, according to results of voice tenders, the volume of deals with the participation of 2 banks came to 305 thousand dollars. The opening rate of the session was fixed at the level of 4914 manat for 1 USD. The volume of offer amounted at 205 thousand dollars; the initial demand came to 305 thousand dollars, after that, the closing rate of the session increased up to 4915 manat for 1 USD.
The price of American currency in banking applies in exchange system of electronic tenders of BEST (Bourse E-syste, of trades) was fixed within the limits of 4913,41manats for 1 US dollar. On USD/AZM T+0 instrument in BEST, the volume of 10,215 million USD (manat equivalent of 50,191 billion) was fixed. Averagely 851 000 dollars came to the share of one deal. Due to absence of demand on T+1, T+2 instruments, dealers did not make deals. The banks did not put forward applies on EUR/AZM, RUR/AZM in BEST.
At the Organized Inter Bank Credit Market, functioning within the BEST system, the National Bank put forward applies on placing manat credits for the total sum of 1,1, billion manats at the annual rate of interest of 10%. The deals on credit instruments between the banks havenot been made on August 8.
