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Azerbaijan works out rules for calculating indices on REPO deals

Finance Materials 1 September 2022 17:44
Baku, Azerbaijan Trend News Agency
Azerbaijan works out rules for calculating indices on REPO deals

The Baku Stock Exchange (BSE), in agreement with the Central Bank of Azerbaijan, has worked out ‘Rules for calculation and disclosure of information on indices on deals concluded in REPO market’, regulating the calculation of percentage indices on REPO deals, Trend reports via the BSE.

According to the stock exchange, the rules came into force on September 1, 2022.

The rules envisage the calculation of one-day, one-week and two-week indices for REPO transactions concluded by the exchange on a daily basis and their publication on the website of the BSE.

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