11:45 - 22.10.2025

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October 22, Fineko/abc.az. Monetary policy tools are applied in response to financial market developments and changes in banking system liquidity. The unsecured money market has been highly active since the last meeting.

ABC.AZ informs, referring to the CBA, that the number of transactions increased by 16.1% year-on-year for 9 months. Interest rates in this market moved within the Central Bank’s interest rate corridor, close to the refinancing rate. The average daily rate of the AZIR index was 7.15% in July, 6.97% in August, 6.96% in September and 6.89% over the initial period of October.

«The Central Bank strives to minimize the effect of autonomous factors on AZIR with its one-week open market operations. EBRD’s issuance of manat-denominated bonds linked to the AZIR index further reinforces its role as a benchmark reference rate in financial markets. The yield curve and yields on Central Bank notes have declined since the last meeting. Similarly, newly attracted deposits and newly issued loans in manat have decreased, reflecting the reduction in the interest rate corridor parameters in July 2025,» the CBA informs.