Supply exceeded demand at deposit auction

15:54 - 18.12.2017

December 18, Fineko/abc.az. Today, the Central Bank of Azerbaijan (CBA) has conducted another deposit auction.

The CBA reports that it raised AZN 180.1 million at the auction.

"At that, AZN 200 million were supplied and the weighted average interest rate on deposit transactions made up 13.34%," the CBA informed.

The supply exceeded the demand by 9.95%.

 

 

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