Baku 10° C
Demand exceeds supply 2.4-fold in deposit auction
Finance
- 20 April, 2020
- 08:15
Central Bank of Azerbaijan (CBA) has today held the next deposit auction.
Report informs citing the Bank that the demand at the auction was AZN 480.3 million, which is AZN 280.3 million or 2.4-fold more than supply.
The average weighted interest rate on the deposit deals closed as a result of the auction was 6.76%.
Author
Latest News
17:50
UAE mediates Russia-Ukraine exchange of 6,305 prisoners
Other countries17:49
Trump: US begins clearing mines in Strait of Hormuz
Other countries17:44
Erdogan, Macron discuss peace process in South Caucasus
Region17:35
France, Saudi Arabia discuss US-Iran talks
Other countries17:27
Andy Robertson 'verbally agrees' next move for Tottenham in summer
Football17:25
Shehbaz Sharif: Pakistan ready to continue mediating US–Iran Talks
Other countries17:16
Media: US Navy vessels crossed Strait of Hormuz without coordination with Tehran
Other countries16:39
Trump: US and Iran have begun talks in Islamabad
Other countries16:37