Demand exceeds supply 2% at next deposit auction

Demand exceeds supply 2% at next deposit auction The weighted average interest rate on deposit transactions at the auction amounted to 14,73% per annum
Finance
February 17, 2017 13:14
Demand exceeds supply 2% at next deposit auction

Baku. 17 February. REPORT.AZ/ Today, Central Bank of Azerbaijan (CBA) has held a regular deposit auction.

Report informs referring to the bank, the banks were offered 200 mln. AZN, but the demand made 204,4 mln. AZN.

The weighted average interest rate on deposit transactions at the auction amounted to 14,73% per annum.

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