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Azerbaijan reports significant growth in REPO and Bloomberg trading in 2024

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