• $
  • £

Demand exceeds supply 2.6 times at CBA auction

Demand exceeds supply 2.6 times at CBA auction
29.05.2020 11:17
Demand at a deposit auction held by the Central Bank of Azerbaijan (CBA) has 2.6 times exceeded supply, the CBA said Dec. 12.

The CBA received 50 million manats (1.743 AZN/USD on Dec. 12) from banks for deposit, while the demand was 130 million manats.

The Central Bank began to hold deposit auctions in mid-June 2016.

Thirty two banks, including two state-owned ones, operate in Azerbaijan.

www.ann.az
Similar news
Similar news
Azeri Light crude price rises to $93.91 per barrel
Business 11:30
Azeri Light crude price rises to $93.91 per barrel
Gold and silver prices rise on COMEX
Business 10:58
Gold and silver prices rise on COMEX
Euro and Russian rouble weaken against Azerbaijani manat
Business 10:30
Euro and Russian rouble weaken against Azerbaijani manat
Gold price slips towards $4,000 an ounce
Business 16:30
Gold price slips towards $4,000 an ounce
Bir Partners with UnionPay, Strengthening Azerbaijan’s Global Payments Connectivity
Business 16:10
Bir Partners with UnionPay, Strengthening Azerbaijan’s Global Payments Connectivity
Kapital Bank and ABB lead Azerbaijan’s banks by interest income
Business 15:30
Kapital Bank and ABB lead Azerbaijan’s banks by interest income
China’s H1 Russian oil imports rise 16.7% y/y
Business 13:30
China’s H1 Russian oil imports rise 16.7% y/y
Moody’s completes periodic review of SOCAR ratings
Business 13:00
Moody’s completes periodic review of SOCAR ratings
Oil jumps as U.S.-Iran tensions escalate
Business 12:30
Oil jumps as U.S.-Iran tensions escalate
Anews TV

Our official Youtube channel

Subscribe