Deals of $6.96mn closed at BICEX, Oct. 10

Deals of $6.96mn closed at BICEX, Oct. 10
# 10 October 2006 15:07 (UTC +04:00)
BICEX told APA that the opening price of the morning session on the BEST (Bourse E-system of Trades) was AZN 0.8739 AZN/USD and deals of AZN 4 413 635 were concluded on USD/AZN T+1 instrument. The manat exchange rose 0.0004 against USD and stood at 0.8735 AZN/USD at the end of the session.
Deals of AZN 1.91mn were closed on USD/AZM T+0 instrument in the midday trading. The exchange rate of manat stood at AZN 0.8731AZN/USD.
According to the results of the two sessions, the total volume of the trades on USD/AZN instrument amounted to $6.96mn or AZN 6 081 316.
The average cost per deal was $696 000.
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 15.35% in manats and 15.42% in USD on 90-day instrument. /APA/
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