Money market
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This is the market of interbank loans, allowing banks manage their short- and medium-term liquidity.
By the bank dealer’ order, the company employee will offer interested amount, term and rate of attraction or accommodation in accordance with the mutual limits of counterparties.
Premex platform widely represents the banks of all tiers - first, second or third one. Work on attracting and servicing the 3rd- and 4th-tier banks is actively performed.
For a more complete service of requests from counterparties on a daily basis the duty officer remains to provide support after the market closing in performing a request of the regional banks, as well as those who did not manage to close position within a working day.
Instruments traded in the interbank credit market can be divided depending on the period for:
- Overnight, i.e. interbank deposit for a term "overnight" or one calendar day
- Week, i.e. interbank deposit for one week
- Month, i.e. interbank deposit for one month