Demand up by 45% at today's deposit auction

Demand up by 45% at today's deposit auction CBA attracted 200 mln AZN
Finance
March 13, 2017 13:24
Demand up by 45% at today's deposit auction
Report.az

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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