Central Bank plans to raise AZN 350 million at deposit auction

17:01 - 27.07.2018

July 27, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) will hold the next deposit auction.

"The CBA will hold the auction on 30 July, at which it expects to raise AZN 350 million for the 14-day period. The interest rate corridor on the raised funds is set at 8.01%-9.99%," the CBA said.

The deposit auction is organized on the Bloomberg trading platform. Auctions have been held from 13 June 2016.

 

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