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Demand exceeds supply twice at today's deposit auction
Finance
- 19 December, 2016
- 11:18
Baku. 19 December. REPORT.AZ/ Today, Central Bank of Azerbaijan (CBA) has held a regular deposit auction.
Report informs referring to the bank, the banks were offered 50 mln. AZN, but the demand made 101 mln. AZN.
The weighted average interest rate on deposit transactions at the auction amounted to 14,30% per annum.
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