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Demand exceeds supply for Azerbaijani Central Bank's notes

24 June 2019 13:58 (UTC+04:00)
Demand exceeds supply for Azerbaijani Central Bank's notes

By Trend

The Central Bank of Azerbaijan (CBA) raised 150 million manat during a deposit auction held on June 24, Trend reports referring to CBA.

The demand from banks amounted to 813.4 million manats

The funds were raised for a period of 14 days with a yield of 6.51 percent.

The auction was held on the Bloomberg trading platform.

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