AZN 350 million to be raised at deposit auction on Tuesday

12:54 - 25.05.2018

May 25, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) has announced the next deposit auction.

According to the CBA, the auction will be held on 29 May 2018 on the Bloomberg trading platform.

"It is planned to raise AZN 350 million under interest rate of 8.01% - 10.99%. The financing will be raised for 13 days," the CBA said.

The CBA has been holding deposit auctions since 13 June 2016.

 

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