Baku 2° C
Demand exceeds supply almost 5 times at CBA's auction
Finance
- 23 October, 2017
- 08:22
Baku. 23 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 100 mln. AZN, but demand made 480,8 mln. AZN (4,8-fold).
As a result of the auction a total of 150 mln. AZN were raised.
Notably, weighted average interest rate on deposit transactions at the auction amounted to 10,01% per annum.
Author
Latest News
15:06
Lavrov: Armenia won't be able to combine membership in EU, EAEU
Region14:42
SOCAR, Eni mull potential projects for future cooperation
Energy14:33
Turkish Defense Ministry commemorates victims of January 20 tragedy
Foreign policy14:22
Photo
President Ilham Aliyev meets with President of Finland in Davos
Foreign policy14:15
Photo
President Ilham Aliyev meets with PM of Kurdistan Region of Iraq in Davos
Foreign policy14:13
Foreign investment in Azerbaijan's economy surges by nearly 28%
Finance14:02
Memory of January 20 martyrs honored in Astana
Domestic policy13:50
Azerbaijan to carry out first resettlement to liberated Khankandi
Domestic policy13:41