Azerbaijan reports significant growth in REPO and Bloomberg trading in 2024

Economy News 9 June 2025 05:55 (UTC +04:00)
Azerbaijan reports significant growth in REPO and Bloomberg trading in 2024
Sadig Javadov
Sadig Javadov
Economic Journalist Read more

BAKU, Azerbaijan, June 9. Azerbaijani banks executed 3,761 transactions totaling 101.8 billion manat ($59.8 billion) in national currency on the Bloomberg platform in 2024.

Data obtained by Trend from the Central Bank (CBA) indicates that 97 percent of these transactions had a duration of one to three days.

Additionally, in the interbank REPO market, banks signed 723 agreements worth 11.5 billion manat ($6.7 billion).

Compared to 2023, the volume of transactions on the Bloomberg platform increased by 3.3 times, while operations in the interbank REPO market grew by 2.5 times.

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