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Demand up by 45% at today's deposit auction
Finance
- 13 March, 2017
- 09:24
Baku. 13 March. REPORT.AZ/ The Central Bank of Azerbaijan (CBA) has today held a regular deposit auction.
Report informs citing the CBA, the bank planned raising funds in the amount of 200 mln. AZN, but demand made 289 mln. AZN (31,8% of total amount).
Notably, weighted average interest rate on deposit transactions at the auction amounted to 14,65% per annum.
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