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Central Bank: Demand exceeds supply 5,6 times at today's auction
Finance
- 18 September, 2017
- 08:26
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Baku. 18 September. 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 100 mln. AZN, but demand made 557,4 mln. AZN (more by 5,6 times).
Notably, weighted average interest rate on deposit transactions at the auction amounted to 10,01% per annum.
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