In the money market of the UZCE, operations are carried out to attract and place funds from commercial banks of the country, as well as deposit auctions of the Central Bank of the Republic of Uzbekistan.
The conclusion of transactions through trading, conducted on UZCE provides an additional opportunity for market participants to instantly attract and place funds in short-term assets. Money market instruments are highly popular, as evidenced by the positive dynamics of the volume of transactions.
Operations to attract and place funds between commercial banks are carried out through the unified electronic trading platform of the UZCE, created in 2018, in accordance with the "Regulations on the procedure for conducting transactions through the electronic trading platform of the interbank money market" and "Rules for conducting transactions through the electronic trading platform on interbank money market of the UZCE».
Deposit operations of the Central Bank began to be carried out in December 2018 in the form of auctions to attract funds from commercial banks. The Central Bank determines the conditions for holding deposit auctions, including the terms of deposits, dates and times of the auctions, the maximum volume and rate of attraction, the method of holding the auction, etc.