Demand exceeds supply 4,6-fold at Central Bank's auction

Baku. 9 October. 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 100 mln. AZN, but demand made 456,3 mln. AZN (4,6-fold).

Notably, weighted average interest rate on deposit transactions at the auction amounted to 10,01% per annum.