A reference interest index has been formed for repo transactions

A reference interest index has been formed for repo transactions

14th February 2024 on the Baku Stock Exchange, the total amount on nominal value was 127,982,600.00 manats, consisting of 26 closed repo agreements with a repo interest rate range of 5.00%-6.90%. The calculated repo reference interest rates based on all contracts for 1D AINAAO (1-3 days) was 5.77%, for 1W AINAAO (6-8 days) was 6.08%, for 2W AINAAO (13-15 days) was 5.50%, and for 1M AINAAO (29-32 days) was 6.00%. The interbank calculated repo reference interest rate for 1W AINAIB (6-8 days) was 6.70%.