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Demand exceeds supply almost 4-fold at CBA’s auction
Finance
- 13 November, 2017
- 08:39
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Baku. 13 November. REPORT.AZ/ The Central Bank of Azerbaijan (CBA) has today held a regular deposit auction.
Report informs citing the CBA, the bank has attracted 200 mln. AZN as planned, but demand made 790,1 mln. AZN (3,95-fold more).
Notably, weighted average interest rate on deposit transactions at the auction amounted to 10,01% per annum.
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