KazPrime indicator value for April 16
By Trend
The KazPrime indicator did not change on April 16, 2018, compared to the previous trading day and amounted to 10.50 percent per annum, Kazakh Stock Exchange said in a message.
The indicator remains stable for 40 days.
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).
---
Follow us on Twitter @AzerNewsAz
Here we are to serve you with news right now. It does not cost much, but worth your attention.
Choose to support open, independent, quality journalism and subscribe on a monthly basis.
By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!