TENDERS AT BICEX
In the morning, the volume of deals closed by two banks was $300 thousand. The new session opening exchange rate was 4918 manat for 1 US dollar and remained unchanged. The call and offer totaled $350 thousand.
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 4917 manat for 1 US dollar. On USD/AZM T+0 instrument in BEST, the volume of 2mln 706 thousand dollars was fixed, which in manat equivalent turned up 13,305 billion. The average cost of one deal was $270 600. On T+1,T+2 instruments, no deals were closed because of lack of demand.
The banks did not issue proposal on EUR/AZM and RUR/AZM in the BEST.
In the inter-bank credit market functioning in the framework of BEST, the banks have applied for placing manat credits to total amount of 26,356 billion manat.
No deals on credit instrument between the banks were closed on May 11.
