In the first quarter of 2025, Azerbaijani banks completed 1,162 unsecured transactions totaling 22.6 billion manats ($13.29 billion) on the Bloomberg trading platformm.
Report informs, citing Central Bank of Azerbaijan's Monetary Policy Review, that 94% of these unsecured deals had maturities of 1 to 3 days.
During January to March, the interbank REPO market saw 133 transactions worth 2.4 billion manats ($1.41 billion), with 11% of these deals lasting 1 to 3 days, and 87% ranging from 6 to 8 days.
Compared to the same period last year, the volume of unsecured money market transactions increased 1.7 times, while interbank REPO market operations grew 2.1 times.