TENDERS AT BICEX
In the morning, the volume of deals closed by two banks was 750 thousand dollars. The new session opening exchange rate was 4921 manat for 1 US dollar. At the volume of offer 700 thousand dollars, the initial call was 750 thousand dollars, whereupon the session closing exchange rate dropped down to 4922 manat for 1 US dollar.
According the results of the voice trading, the price for American currency appeared in the bank proposals in the electronic system of trades BEST was limited by 4921,48 manat for 1 US dollar. On USD/AZM T+0 instrument in BEST, the volume of 3 mln 814 thousand dollars was fixed, which in manat equivalent turned up 18,771 billion. The average cost of one deal was 317,833 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 inter-bank credit market functioning in the framework of BEST, the banks has applied for placing manats credits to total amount of 3, 118 billion manat.
No deals on credit instrument between the banks were closed on December 18.
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