Demand exceeds supply again at today's deposit auction

Baku. 27 March. 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 300 mln. AZN, but demand made 336,3 mln. AZN (12,1% of total amount).

Notably, weighted average interest rate on deposit transactions at the auction amounted to 14,71% per annum.