KazPrime indicator value for April 18
Baku, Azerbaijan, April 18
By Ali Mustafayev – Trend:
The KazPrime indicator decreased by 9 basis points on April 18, 2018, compared to the previous trading day and amounted to 10.33 percent per annum, Kazakh Stock Exchange said in a message.
The KazPrime indicator reflects the average value rates of offering money in the Kazakh interbank deposit market (the rate at which the bank would like to place money in another bank for a deposit) for a period of three months, with a calculated base of actual/360 (a method, when the annual interest rate is divided by 360 to get the daily interest rate and then multiplied by the days in the month).