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Deals of $3.1mn closed at BICEX, Oct. 9

09 October 2006 15:59 (UTC +04:00)

BICEX told APA that the opening price of the morning session on the BEST (Bourse E-system of Trades) was 0.8739 AZN/USD and deals of AZN 2 621 700 were concluded on USD/AZN T+1 instrument. The manat exchange against USD remained unchanged at the end of the session.
Deals of AZN 87 340 were closed on USD/AZM T+0 instrument in the midday trading. The exchange rate of manat stood at AZN 0.8734/USD 1.
According to the results of the two sessions, the total volume of the trades on USD/AZN instrument amounted to $3.1mn or AZN 2 709 040.
The average cost per deal was $1 550 000. The average exchange rate of manat against USD was 0.8755 AZN
On USD/AZN T+1, T+2 instruments and SWAP_USD/AZN in BEST, no deals were closed through lack of demand.
No bids on RUB/AZN and EUR/AZN T+1instruments were made by banks.
In the interbank credit market functioning in the framework of BEST, BakiBOR index counted in line with requests made by market makers constituted 15.36 % in manats and 15.53% in USD on 90-day instrument. /APA/