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Demand exceeds supply 2-fold at today's deposit auction
Finance
- 17 April, 2017
- 09:24
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Baku. 17 April. 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 150 mln. AZN, but demand made 298 mln. AZN (98,67% more).
Notably, weighted average interest rate on deposit transactions at the auction amounted to 13,96% per annum.
Author
AMB-nin depozit hərracında tələb təklifi 2 dəfə üstələyib
На депозитном аукционе ЦБА спрос вдвое превысил предложение
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