TENDERS AT BICEX
In the morning, the volume of deals closed by two banks was $1million 350 thousand. The new session opening exchange rate was 4909 manat. At the call of $1 million 200 thousand and offer of $1 million 350 thousand, manat exchange rate dropped 1 point to 4910.
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 4908 manat for 1 US dollar. On USD/AZM T+0 instrument in BEST, the volume of 3 mln dollars was fixed, which in manat equivalent turned up 14 729 billion. The average cost of one deal was $990 286.
On USD/AZM T+1 instrument in BEST, the volume of 80 thousand dollars was fixed, which in manat equivalent turned up 392 800 million. The average cost of one deal was $80 thousand. On 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 38,825 billion manat.
No deals on credit instrument between the banks were on May 31.
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