Repo interest rates have formed a reference rate index

Repo interest rates have formed a reference rate index

On February 1, 2024, the total value of nominal assets on the Baku Stock Exchange was 149,625,400 manats, with a repo interest rate ranging from 5.39% to 7.00% for 35 closed repo agreements. The calculated repo reference interest rate index for all contracts based on the fundamentals of the agreements is 7.00% for 1D AINAAO (1-3 days), 5.53% for 2W AINAAO (13-15 days), and 5.39% for 1M AINAAO (29-32 days).