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Demand exceeds supply by 83% at today's deposit auction
Finance
- 24 April, 2017
- 08:22
Baku. 24 April. REPORT.AZ/ The Central Bank of Azerbaijan (CBA) has today held a regular deposit auction.
Report informs citing the CBA, the bank planned to raise funds of 200 mln. AZN, but demand made 365,3 mln. AZN (82,65% more).
Notably, weighted average interest rate on deposit transactions at the auction amounted to 113,71% per annum.
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