Supply exceeds demand at CBA

Supply exceeds demand at CBA auction

02:15 27 December 2016 Read: 1379

Supply exceeds demand at CBA auction

The the Central Bank of Azerbaijan (CBA) raised 30 million manats at a deposit auction, the CBA said Dec. 26.

The CBA was ready to receive 50 million manats as a deposit. The weighted average interest rate on deposit transactions at the auction was 14.1 percent.

During December 2016, the CBA raised 180 million manats through deposit auctions. The CBA started to hold deposit auctions in mid-June 2016.

Deposit auction is an auction during which the deposits of commercial banks are placed in the CBA. The main aim of such an auction is sterilization of money supply.

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

More about:

News Line

Azerbaijan represented at 79th General Assembly and Congress of International Military Sports Council

Azerbaijan represented at 79th General Assembly and Congress of International Military Sports Council

Foundation stone was laid for internal road and communication network of Zangilan

Foundation stone was laid for internal road and communication network of Zangilan

President Ilham Aliyev and First Lady Mehriban Aliyeva attend inauguration of Zangilan Mosque

President Ilham Aliyev and First Lady Mehriban Aliyeva attend inauguration of Zangilan Mosque

Zangilan and Shayifli hydroelectric power plants inaugurated

Zangilan and Shayifli hydroelectric power plants inaugurated

Azerbaijani ambassador meets with Pakistani National Assembly member

Azerbaijani ambassador meets with Pakistani National Assembly member

Azerbaijan's female para athlete becomes three-time World champion

Azerbaijan's female para athlete becomes three-time World champion

President Ilham Aliyev lays foundation stone for Minjivan settlement in Zangilan

President Ilham Aliyev lays foundation stone for Minjivan settlement in Zangilan

Azerbaijani president and first lady attend opening of new hotel in Zangilan

Azerbaijani president and first lady attend opening of new hotel in Zangilan

Azerbaijani parliament speaker highlights challenges in ensuring gender quality at Geneva conference

Azerbaijani parliament speaker highlights challenges in ensuring gender quality at Geneva conference

Azerbaijani President lays foundation stone for another village in Jabrayil

Azerbaijani President lays foundation stone for another village in Jabrayil

At least 50 killed in heavy rains, floods in Afghanistan

At least 50 killed in heavy rains, floods in Afghanistan

President Ilham Aliyev lays foundation stone for several villages in Jabrayil district

President Ilham Aliyev lays foundation stone for several villages in Jabrayil district

Azerbaijani oil price nears $85

Azerbaijani oil price nears $85

Azerbaijani army’s engineering troops continue demining ops in liberated areas - VIDEO

Azerbaijani army’s engineering troops continue demining ops in liberated areas - VIDEO

James Webb telescope discovers 2 merging black holes

James Webb telescope discovers 2 merging black holes

Azerbaijani deputy defense ministers emphasize combat readiness, training reforms

Azerbaijani deputy defense ministers emphasize combat readiness, training reforms

Azerbaijan, Cuba discuss COP29-related issues

Azerbaijan, Cuba discuss COP29-related issues

Germany expresses readiness to support Azerbaijan-Armenia peace process

Germany expresses readiness to support Azerbaijan-Armenia peace process

Presidents of Azerbaijan and Belarus hold one-on-one meeting

Presidents of Azerbaijan and Belarus hold one-on-one meeting

Azerbaijan-Slovakia relations reach new heights after Fico's visit to Baku - OPINION

Azerbaijan-Slovakia relations reach new heights after Fico's visit to Baku - OPINION

US supports Azerbaijan, Armenia coming to peace agreement as soon as possible: State Department

US supports Azerbaijan, Armenia coming to peace agreement as soon as possible: State Department

Russian border guards withdraw from posts in Zangezur

Russian border guards withdraw from posts in Zangezur

Unexpected move: France supports Almaty talks of Azerbaijani, Armenian FMs

Unexpected move: France supports Almaty talks of Azerbaijani, Armenian FMs

Azerbaijani, Armenian parliament speakers agree to sustain dialogue - UPDATED

Azerbaijani, Armenian parliament speakers agree to sustain dialogue - UPDATED

Azerbaijan extends arrest term for Armenian separatist

Azerbaijan extends arrest term for Armenian separatist

President Ilham Aliyev proposes dissolution of OSCE Minsk Group and all associated institutions

President Ilham Aliyev proposes dissolution of OSCE Minsk Group and all associated institutions

Map exposing Armenia’s illegal mining activities prepared

Map exposing Armenia’s illegal mining activities prepared

Presidents of Azerbaijan and Belarus review Fuzuli city's master plan

Presidents of Azerbaijan and Belarus review Fuzuli city's master plan

We consider delimitation a landmark event, Azerbaijani FM says

We consider delimitation a landmark event, Azerbaijani FM says

Azerbaijani MFA congratulates Norway on Constitution Day

Azerbaijani MFA congratulates Norway on Constitution Day

Coordination Headquarters convenes for meeting in Khankendi

Coordination Headquarters convenes for meeting in Khankendi

Russia accuses EU spy mission in Armenia of anti-Azerbaijani activities

Russia accuses EU spy mission in Armenia of anti-Azerbaijani activities

President Ilham Aliyev receives OSCE delegation led by its Chair-in-Office

President Ilham Aliyev receives OSCE delegation led by its Chair-in-Office

Azerbaijan's Khojaly hosts event on Russian peacekeepers' withdrawal from Karabakh

Azerbaijan's Khojaly hosts event on Russian peacekeepers' withdrawal from Karabakh

News Line
Most Read

20:25 Azerbaijan represented at 79th General Assembly and Congress of International Military Sports Council
16:13 Foundation stone was laid for internal road and communication network of Zangilan
16:03 President Ilham Aliyev and First Lady Mehriban Aliyeva attend inauguration of Zangilan Mosque
16:01 Zangilan and Shayifli hydroelectric power plants inaugurated
15:59 Azerbaijani ambassador meets with Pakistani National Assembly member
15:27 Azerbaijan's female para athlete becomes three-time World champion
15:11 President Ilham Aliyev lays foundation stone for Minjivan settlement in Zangilan
14:58 Azerbaijani president and first lady attend opening of new hotel in Zangilan
14:40 Azerbaijani parliament speaker highlights challenges in ensuring gender quality at Geneva conference
14:17 Azerbaijani President lays foundation stone for another village in Jabrayil
14:04 At least 50 killed in heavy rains, floods in Afghanistan
13:32 President Ilham Aliyev lays foundation stone for several villages in Jabrayil district
13:00 Azerbaijani oil price nears $85
12:21 Azerbaijani army’s engineering troops continue demining ops in liberated areas - VIDEO
11:55 James Webb telescope discovers 2 merging black holes
11:22 Azerbaijani deputy defense ministers emphasize combat readiness, training reforms
10:47 Azerbaijan, Cuba discuss COP29-related issues
10:19 Germany expresses readiness to support Azerbaijan-Armenia peace process
09:51 EU welcomes progress in Azerbaijan-Armenia border delimitation process
09:24 Azerbaijan, US discuss cooperation, regional peace
23:46 Baku hosts “Enhancing Ambition, Enabling Action: COP29 Sustainable Business Forum”
22:55 Azerbaijani Prosecutor General holds bilateral meetings in Tajikistan
20:24 Azerbaijan, Denmark explore ways for football cooperation
20:23 President of Belarus Aleksandr Lukashenko concludes his state visit to Azerbaijan
19:42 ‘Kuwait keen on expanding cooperation with Azerbaijan in healthcare and medical science’
19:41 "Anatolian Phoenix - 2024" exercise wraps up
18:40 Azerbaijan prioritizing renewable energy production as key business direction - deputy head of tax service
17:36 Azerbaijani parliament speaker briefs UN Geneva's Director-General on COP29
16:21 Azerbaijan's Combined Arms Army holds seasonal maintenance of weapons, equipment
16:19 Azerbaijani MFA congratulates Norway on Constitution Day
16:18 N. Korea fires short-range ballistic missiles toward East Sea
16:11 Musk pushes plan for China data to power Tesla's AI ambitions
16:10 Suspected gunshots near Israeli embassy in Stockholm prompt police cordon
16:06 Azerbaijani parliament committee slams biased resolution of Luxembourg Chamber of Deputies
15:50 Latvian parliament speaker to visit Azerbaijan
15:14 Chief of Azerbaijan General Staff watches artillery units’ tactical exercises
15:01 Brazil named as hosts of FIFA Women’s World Cup 2027
14:47 President Ilham Aliyev and President Aleksandr Lukashenko visited Jidir Duzu plain
14:43 Ukrainian strike on Crimea airbase destroys three Russian warplanes, satellite firm says
14:41 Azerbaijani and Belarus Presidents informed about master plan of Shusha
14:40 Azerbaijan, Ethiopia mull expanding relations in various areas
14:38 President Ilham Aliyev congratulates Kazakh counterpart on his birthday
14:20 Azerbaijan represented at annual summit of Pacific Asia Travel Association
13:34 Presidents of Azerbaijan and Belarus visit Shusha city
13:14 Azerbaijani, Armenian parliament speakers agree to sustain dialogue - UPDATED
13:01 Azerbaijan's Milli Majlis inks MoU with IPU
12:55 France must apologize to Azerbaijan: Foreign Ministry
12:54 Azerbaijani delegation embarks on visit to Kingdom of Morocco
12:15 Oil prices surge in global markets
11:58 French police kill man trying to burn down synagogue
11:57 UN actively endorses Azerbaijan's chairmanship at COP29
11:48 Presidents of Azerbaijan and Belarus review Fuzuli city's master plan
11:40 President of Belarus arrives in Azerbaijan's Fuzuli
11:07 Albania plans to open embassy in Azerbaijan
10:51 30 NGOs from G7 countries issue statement in solidarity with Azerbaijan as COP29 chair
10:30 Azerbaijani oil price exceeds $84
10:13 Azerbaijani Embassy in Iran to be moved to new location
09:21 Nauru's president invited upcoming COP29 in Azerbaijan
08:59 Hikmet Hajiyev meets with US government officials
22:21 State reception on behalf of President Ilham Aliyev was hosted in honor of President of Belarus Aleksandr Lukashenko at Gulustan Palace
21:23 Aleksandr Lukashenko: Brotherly peoples of Belarus and Azerbaijan enjoy deep respect
21:22 President: Except for the conflict resolved by Azerbaijan, existing conflicts around the world remain unresolved
19:49 Azerbaijani parliament speaker attends World Conference of Parliament Speakers session
19:08 Azerbaijan awards employees of Heydar Aliyev Foundation - decree
18:25 Russian activist in Georgia warns 'foreign agent' law will kick-start crackdown on dissent
17:05 Belarusian President Aleksandr Lukashenko pays tribute to Azerbaijani martyrs
16:59 Regional integration project by Great Architect \|OPINION
16:40 Azerbaijani, Belarusian Presidents familiarize themselves with Caspian Agro and InterFood Azerbaijan exhibitions
15:50 Slovakia PM Fico's condition still 'very serious' after surgery
15:43 President Ilham Aliyev: Azerbaijan highly values creative partnership with Belarus
15:42 Putin says trade turnover with China sets new record of $240B
15:13 Azerbaijan, Belarus mull prospects for cooperation in standardization
15:05 Presidents of Azerbaijan and Belarus make press statements
14:39 Azerbaijan and Belarus sign documents
14:15 Artillery units of Azerbaijan's Land Forces hold live-fire tactical exercise - VIDEO
13:29 Georgian premier heads to Türkiye for official visit
13:08 Baku completely rejects French minister’s groundless claims
13:01 Azerbaijan extends arrest term for Armenian separatist
12:52 Expanded meeting between President Ilham Aliyev, President Aleksandr Lukashenko kicks off
12:51 BIG and French colonies' independence movements express support for New Caledonia
12:07 Azerbaijan’s parliament speaker arrives in Switzerland
11:59 Pashinyan says Armenia-Azerbaijan delimitation protocol is great success
11:59 Death toll in Indonesia's lava floods rises to 67 with 20 missing
11:41 Map exposing Armenia’s illegal mining activities prepared
11:26 Presidents of Azerbaijan and Belarus hold one-on-one meeting
11:25 Official welcome ceremony held for Belarusian President in Baku
11:14 Chinese, Russian leaders hold talks in Beijing
10:50 Billionaires in US stand against Biden becoming president again - media
10:36 Second day of GSMA M360 Eurasia 2024 int'l conference commences in Baku
10:17 Azerbaijani oil price jumps in global markets
09:55 Azerbaijan's SOCAR, Russia's Tatneft ink new cooperation roadmap
09:37 Slovak PM Robert Fico not in life-threatening condition - deputy PM
09:35 Azerbaijan, Bulgaria discuss bilateral relations
23:55 Armenia-Azerbaijan border commissions: Progress on delimitation
23:39 President of Belarus Aleksandr Lukashenko embarks on state visit to Azerbaijan
22:16 Conference on "COP29 - IEA high-level energy transition dialogue” held in Paris
20:33 Baku hosting 17th Azerbaijan International Agriculture Exhibition
20:13 President Ilham Aliyev condemns attack on Slovakia’s PM
18:18 Singapore's minister praises Azerbaijan's activity regarding COP29
18:11 European MP visits Azerbaijan's Shusha
18:06 Azerbaijan`s FM informs his Belarusian counterpart about region`s current realities
17:30 PMQs: Rishi Sunak challenged over early release of dangerous criminals
17:29 Still trapped on Baltimore ship, weeks after bridge collapse
17:23 Slovak prime minister injured in shooting
16:58 Azerbaijan represented at International Culture Day Festival in Ankara
16:38 Biden and Zelenskyy may meet in coming weeks
16:05 Russian peacekeepers made efforts to ensure peace, stability in Azerbaijani Karabakh - MoD
15:57 Head of Presidential Administration of Azerbaijan Samir Nuriyev meets with Belarusian Deputy PM Igor Petrishenko
15:20 Clashes erupt in Georgia as divisive bill passes - NO COMMENT
15:16 Chairman of Minsk City Executive Committee visits "ASAN Xidmet" center
15:06 Azerbaijan's Khojaly hosts event on Russian peacekeepers' withdrawal from Karabakh
14:03 Three dead in New Caledonia as riots rage after Paris approves voting change
14:01 Azerbaijan repatriates its citizens from conflict zone in Syria
13:31 Singapore’s president hails relations with Azerbaijan
13:29 Sun releases most powerful flare in nearly a decade
13:02 Azerbaijani, Belarusian FMs hold talks in Baku
12:33 Armenia, India hold first defence consultations
12:08 Azerbaijan, Georgia and Türkiye discuss simplification of customs procedures
11:57 Azerbaijani energy minister visits Georgia
11:56 Baku hosts Fintex Summit 2024

09:37 Slovak PM Robert Fico not in life-threatening condition - deputy PM 833
13:29 Georgian premier heads to Türkiye for official visit 817
11:59 Pashinyan says Armenia-Azerbaijan delimitation protocol is great success 793
13:01 Azerbaijan extends arrest term for Armenian separatist 781
14:39 Azerbaijan and Belarus sign documents 777
12:51 BIG and French colonies' independence movements express support for New Caledonia 765
10:17 Azerbaijani oil price jumps in global markets 761
09:55 Azerbaijan's SOCAR, Russia's Tatneft ink new cooperation roadmap 745
11:59 Death toll in Indonesia's lava floods rises to 67 with 20 missing 745
15:05 Presidents of Azerbaijan and Belarus make press statements 745
11:41 Map exposing Armenia’s illegal mining activities prepared 739
15:50 Slovakia PM Fico's condition still 'very serious' after surgery 739
17:05 Belarusian President Aleksandr Lukashenko pays tribute to Azerbaijani martyrs 739
14:15 Artillery units of Azerbaijan's Land Forces hold live-fire tactical exercise - VIDEO 737
18:25 Russian activist in Georgia warns 'foreign agent' law will kick-start crackdown on dissent 735

Tell me about Azerbaijan

10:28

2021/11/1635834059.jpg

Drive up high to the remote village of Khinalig – Azerbaijan| PHOTOS

Armenian Aggression

12:13

2021/08/1629188112.jpg

Glorification of Armenian terrorism in California - OPINION

15:49

2023/12/1702641119.jpg

2023 champions honored at FIA Prize Giving event in Baku - NO COMMENT

Azerbaijan in Focus

09:37

2021/10/1634017375.jpg

EURONEWS : Highly skilled art of copperware production lives on in Lahij| VIDEO

23:17

2021/10/1634066358.jpg

Armenia launches criminal case on Serzh Sargsyan's visit to Baden-Baden - CARTOON

19:30

516OIzDe1pL._BO_.jpg

Years of Blood: A History of the Armenian-Muslim Clashes - Audiobook