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Demand exceeds supply by 40% at today's deposit auction by CBA
Finance
- 28 April, 2017
- 09:03
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Baku. 28 April. REPORT.AZ/ The Central Bank of Azerbaijan (CBA) has today held a regular deposit auction.
Report informs citing the CBA, the bank planned to raise funds of 250 mln. AZN, but demand made 350 mln. AZN (40% more).
Notably, weighted average interest rate on deposit transactions at the auction amounted to 13,53% per annum.
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