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Demand exceeds supply almost 3,7-fold at CBA auction
Finance
- 30 October, 2017
- 10:06
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Baku. 30 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 amount of 200 mln. AZN, but demand made 731 mln. AZN (3,66 times more).
As a result of the auction a total of 200 mln AZN were raised.
Notably, weighted average interest rate on deposit transactions at the auction amounted to 10,01% per annum.
Author
AMB-nin depozit hərracında tələb təklifi 3,7 dəfə üstələyib
На депозитном аукционе ЦБА спрос превысил предложение в 3,7 раза
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