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

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.