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Central Bank announces result of today’s auction


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

 

According to the Central Bank, the demand made up AZN 848.2 million, average weighted interest rate on the deals closed as a result of the auction stood at 8.01%.

 

Note that AZN 250 million was intended to be attracted at today’s auction.

 

So, the demand was 2.8-fold higher than supply.

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