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    Demand exceeds supply by 83% at today's deposit auction

    Weighted average interest rate on deposit transactions at the auction amounted to 113,71% per annum© Report

    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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