Baku 26° C
Demand exceeds supply in deposit auction
Finance
- 13 April, 2020
- 08:08
Central Bank of Azerbaijan (CBA) has today held the next deposit auction.
Report informs citing the Bank that the demand at the auction was AZN 426.9 million, which is AZN 176.9 million or 1.71-fold more than supply.
The average weighted interest rate on the deposit deals closed as a result of the auction was 6.85%.
Author
Latest News
17:57
Flight attendants at Canada"s WestJet go on strike in dispute over pay
Other countries17:45
Five dead, 41 missing, after Indonesia ferry catches fire
Other countries17:33
Devolution plans strengthen case for written UK constitution, says Burnham
Other countries17:23
Georgian PM hopeful about restoring strategic partnership with US
Region17:05
OPEC+ continues to raise oil production by 188,000 bpd in September
Energy16:47
Ukraine hits Russian strategic facilites
Other countries16:27
Georgian PM: Higher education at state universities to be free
Region16:05
Iran denies reports of agreement to reopen Strait of Hormuz
Region15:48