YEREVAN, May 5, /ARKA/. The volume of interbank overnight credits provided via the NASDAQ OMX Armenia credit market stood at AMD 16.24 billion in April, a press release by NASDAQ OMX Armenia said.

It said the new exchange platform, launched April 2, has lived up to expectations. A total of 96 deals were concluded during 21 trading sessions held in April, with the average daily trading over AMD 770 mln reaching its maximum-AMD 4 billion-on April 29. The weighted average credit interest rate was 10.43 percent per annum, NASDAQ OMX Armenia said.

Credits provided in the NASDAQ OMX Armenia credit market are denominated in Armenian Drams, with lenders and borrowers being the Armenian banks. As of today, 21 banks have been awarded the status of participants in this market. -0-