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Demand exceeds supply 4,4-fold at CBA's deposit auction
Finance
- 03 July, 2017
- 11:05
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Baku. 3 July. 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 amount of 100 mln. AZN, but demand made 437,4 mln. AZN (4,4-fold).
Notably, weighted average interest rate on deposit transactions at the auction amounted to 10,01% per annum. Total of $ 100 mln AZN were attracted on deposit transactions concluded as a result of auction.
Author
AMB-nin depozit hərracında tələb təklifi 4,4 dəfə üstələyib
На депозитном аукционе ЦБА спрос в 4,4 раза превысил предложение
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