Central Bank announces result of today’s auction

Central Bank announces result of today’s auction
# 29 May 2018 10:25 (UTC +04:00)

The Central Bank of Azerbaijan (CBA) has announced result of today’s auction.

 

According to the Central Bank, the demand made up AZN 857,200,000, average weighted interest rate on the deals closed as a result of the auction stood at 8.01%.

 

So the demand was 4.3-fold higher than supply.

 

AZN 350 million was intended to be involved at the auction.

 

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THE OPERATION IS BEING PERFORMED