Demand exceeds supply over 6-fold at CBA's deposit auction

Nərmin Rəhimova
Author

Baku. 28 August. REPORT.AZ/ The Central Bank of Azerbaijan (CBA) has today held a regular deposit auction.

Report informs citing the CBA, the bank planned raising funds in amount of 100 mln. AZN, but demand made 610,9 mln. AZN (6,1-fold more).

Notably, weighted average interest rate on deposit transactions at the auction amounted to 10,01% per annum. Total of 100 mln AZN were raised on deposit transactions concluded as a result of auction.

Other News

Tashkent deepens investment ties with Baku: Key takeaways from Ilham Aliyev's visit 04 September, 2026 / 17:55
ABB-Invest leads Baku Stock Exchange turnover ranking for January-August 04 September, 2026 / 17:22
Baku Stock Exchange turnover falls nearly 35% 04 September, 2026 / 17:17
Azerbaijan's tax revenues near AZN 13 billion in 8 months 04 September, 2026 / 16:14
ASCO sees nearly 38‑fold surge in profit 04 September, 2026 / 12:23
CBA currency exchange rates (04.09.2026) 04 September, 2026 / 09:21
Key indicators of world commodity, stock, and currency markets (04.09.2026) 04 September, 2026 / 09:17
Azerbaijan demonstrates most stable economic indicators among CIS-4 group - ING 03 September, 2026 / 18:03
ING forecasts Azerbaijan's economy to grow 1.9% in 2026 03 September, 2026 / 17:52
Allianz Trade offers Azerbaijan long-term financing of green projects for up to 22 years 03 September, 2026 / 14:16
CBA currency exchange rates (03.09.2026) 03 September, 2026 / 09:23
Key indicators of world commodity, stock, and currency markets (03.09.2026) 03 September, 2026 / 09:09
Azerbaijan, Santander Bank discuss financing investment projects 02 September, 2026 / 20:28
CBA currency exchange rates (02.09.2026) 02 September, 2026 / 09:28
Key indicators of world commodity, stock, and currency markets (02.09.2026) 02 September, 2026 / 09:11
Anar Pashajanov appointed World Bank advisor for Azerbaijan 01 September, 2026 / 20:23
Azerbaijan's National Depository Center joins European CSD association 01 September, 2026 / 17:26
Masato Kanda reelected ADB president for 5-year term 01 September, 2026 / 10:25
Value of Azerbaijani Central Bank's notes in circulation exceeds AZN 1.5B 01 September, 2026 / 09:57
CBA currency exchange rates (01.09.2026) 01 September, 2026 / 09:32