ECONOMY
TENDERS AT BICEX
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 4913 manat for 1 US dollar. On USD/AZM T+0 instrument in BEST, the volume of 1 million 39 thousand dollars was fixed, which in manat equivalent turned up 5,105 billion. The average cost of one deal was 173,167 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 National bank has applied for placing mantn credits to total amount of 1,250 billion manat and 200 thousand dollars at 10% interest rate yearly.
No deals on credit instrument between the banks were closed on September 5.
