CBA attracts 200 mln. AZN at deposit auction

Finance
  • 16 October, 2017
  • 08:38
CBA attracts 200 mln. AZN at deposit auction
Report

Baku. 16 October. 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 the amount of 200 mln. AZN, but demand made 636,1 mln. AZN (3,2-fold).

Total of 200 mln AZN were attracted on deposit transactions concluded as a result of auction

Notably, weighted average interest rate on deposit transactions at the auction amounted to 10,01% per annum.