Azerbaijan Central Bank’s deposit rate made up 10.68%


December 11, Fineko/abc.az. The Central Bank of Azerbaijan has held today another deposit auction.

The CBA reports that an order for raising AZN 400 million was set out for the auction and the demand on the part of the participants totaled AZN 292.5 million. The supply exceeded the demand by 1.37 times.

"At the end of the auction the CBA annual rate made up 10.68%," the Bank informed.

In its order the Central Bank oriented to the rate of 10.01% - 14.99%%. The finances were raised for 14 days.



Keywords: deposit auction