Central Bank attracts 150 mln AZN in deposit auction

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.