The yield on weighted average price was 6.33% that was last seen in September, 2007.
The demand exceeded the supply in the short-term notes market in September-October this month. The supply was exceeded by the demand by 2.5 times on October 29 and by 2.9 times a day earlier. As result, the yield plunged. The situation allows the central bank to increase the issue of notes.
The demand had been expected to increase because banks stopped lending consumer loans in September, which lead to high liquidity.
Consumer loans accounted for about 40% of loans lent by banks.
Follow us on Telegram
t.me/apanewsaz
Follow us on Instagram
Follow us on TikTok
Follow us on Facebook
Follow us on X
