BankingBrief

Four central banks set rates this week as ADIB's rights cut-off nears

The Fed, Uzbekistan, Azerbaijan and Ukraine decide on 28 and 29 October, Riyadh closes two consultations and Türkiye publishes its meeting summary.

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White marble neoclassical facade of the Federal Reserve headquarters under a blue sky with streaky clouds
Headquarters of the US Federal Reserve Board in Washington, DC, 2011 Photo: Federalreserve, public domain, via Wikimedia Commons, cropped and toned

Four central banks set policy this week, two Saudi consultations close and the cut-off for Abu Dhabi Islamic Bank's rights issue arrives. Each item links to the document behind it.

  • Tuesday 27 October, Saudi Arabia. Comments close on the Capital Market Authority's draft rules for dealing in markets outside the Kingdom, which would require clients to put up margin of at least 50 per cent of the transaction value on margin trades in foreign securities, the consultation notice says.
  • Tuesday 27 and Wednesday 28 October, United States. The Federal Open Market Committee meets, its calendar shows. It raised the target range for the federal funds rate by a quarter point to 3.75 per cent to 4 per cent on 16 September, by a 12 to 0 vote, its statement said.
  • Wednesday 28 October, Uzbekistan. The central bank's board reviews the policy rate, its 2026 schedule shows. It held the rate at 14 per cent on 16 September.
  • Thursday 29 October, Azerbaijan. The central bank announces its interest rate corridor, a date it brought forward from 4 November. On 23 September it kept the refinancing rate at 6.5 per cent and the ceiling at 7.5 per cent but cut the floor by half a point to 5 per cent, with annual inflation at 5.7 per cent in August.
  • Thursday 29 October, Ukraine. The National Bank publishes its key policy rate decision after a board meeting on 27 and 28 October, its schedule shows. The rate has been 16 per cent since 17 September, when the bank raised it from 15.5 per cent.
  • Thursday 29 October, Saudi Arabia. Comments close on the authority's draft earnings-call rules, which would require every Main Market company to hold a call twice a year, within five business days of announcing results and after the market closes.
  • Thursday 29 October, United Arab Emirates. Investors must buy Abu Dhabi Islamic Bank shares on or before this date to receive rights in its issue of up to AED 1.75 billion, allowing for two-day settlement before the 2 November record date, the bank said.
  • Friday 30 October, Türkiye. The central bank publishes the summary of its 22 October monetary policy committee meeting, its 2026 calendar shows.

Next week the Saudi authority's new rules on algorithmic trading and on initial public offering practice are due to take effect, on 1 and 2 November, and ADIB's rights begin trading on the Abu Dhabi exchange on 4 November.

The page of The CMA calls for public consultation on the draft regulatory provisions for conducting dealing activities in financial markets outside the Kingdom as published online
The document as published: The CMA calls for public consultation on the draft regulatory provisions for conducting dealing activities in financial markets outside the Kingdom. Capital Market Authority (Saudi Arabia), 27 September 2026.

Sources

  1. The CMA calls for public consultation on the draft regulatory provisions for conducting dealing activities in financial markets outside the KingdomCapital Market Authority (Saudi Arabia), Primary source, 27 Sep 2026
  2. Meeting calendars and informationBoard of Governors of the Federal Reserve System, Primary source, 17 Oct 2026
  3. Federal Reserve issues FOMC statement, 16 September 2026Board of Governors of the Federal Reserve System, Primary source, 16 Sep 2026
  4. Schedule of Board meetings to review policy rateCentral Bank of the Republic of Uzbekistan, Primary source, 15 Dec 2025
  5. The Central Bank Board decided at its meeting on 16 September 2026 to keep the policy rate at 14 percent per annumCentral Bank of the Republic of Uzbekistan, Primary source, 16 Sep 2026
  6. Central Bank widens interest rate corridor, keeps refinancing rate unchangedCentral Bank of the Republic of Azerbaijan, Primary source, 23 Sep 2026
  7. Schedule of meetings and key publications on monetary policyNational Bank of Ukraine, Primary source, 17 Oct 2026
  8. The CMA calls for public consultation on the draft regulatory provisions for earnings callsCapital Market Authority (Saudi Arabia), Primary source, 29 Sep 2026
  9. ADIB announces key dates for AED 1.75bln rights issueAbu Dhabi Islamic Bank (press release via Zawya), Primary source, 12 Oct 2026
  10. Monetary Policy Committee 2026 meeting and summary datesCentral Bank of the Republic of Türkiye, Primary source, 17 Oct 2026