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Demand exceeds supply 31% at today's deposit auction
Finance
- 13 February, 2017
- 11:41
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Baku. 13 February. REPORT.AZ/ Today, the Central Bank of Azerbaijan (CBA) has held a regular deposit auction.
Report informs referring to the CBA, the banks were offered 150 mln. AZN, but demand was 197 mln. AZN (60%).
The weighted average interest rate on deposit transactions at the auction amounted to 14.74% per annum.
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