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Demand exceeds supply in deposit auction

​Demand exceeds supply in deposit auction

© Report

Central Bank of Azerbaijan (CBA) has today held the next deposit auction.

Report informs citing the Bank that the demand at the auction was AZN 200.5 million, which is AZN 500,000 more than supply.

The average weighted interest rate on the deposit deals closed as a result of the auction was 6.82%. 

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