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Central Bank attracts 150 mln AZN in deposit auction
Finance
- 27 February, 2017
- 09:27
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Baku. 27 February. REPORT.AZ/ The Central Bank of Azerbaijan (CBA) has today held a regular deposit auction.
Report informs referring to the CBA, the banks were offered 150 mln. AZN, but demand was 196,5 mln. AZN (60%).
The weighted average interest rate on deposit transactions at the auction amounted to 14,73% per annum. The real demand was 31% higher than the actual supply.
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