A reference interest index has been formed for repo transactions
On December 18, 2023, at the Baku Stock Exchange, a total of 39 repurchase agreements (repos) were concluded with a nominal value of 102,568,900 Azerbaijani manat, and repo interest rates ranging from 5.50% to 8.25%. The calculated repo reference interest index based on all these agreements was 6.50% for 1D AINAAO (1-3 days) and 6.93% for 2W AINAAO (13-15 days). The repo reference interest index calculated based on interbank agreements was 7.63% for 1W AINAIB (6-8 days).
