![Demand for T-bills Exceeds Supply Fivefold](https://turan.az/resized/./turan-750-500-resize.webp)
Demand for T-bills Exceeds Supply Fivefold
At the May 31 auction of state short-term bonds (91-day), investors placed bids exceeding the supply fivefold (5 million AZN).
According to BSE, 10 investors filed 15 applications totaling 25.8 million AZN.
According to the results of the auction, the maximum interest rate on the bonds amounted to 10.13% per annum. The average weighted interest rate has been determined by the Ministry of Finance at the level of 9%. ----08B
Economics
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