Central Bank schedules a deposit auction for 9 July


July 6, 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 Monday, 9 July.

"Through the auction it is planned to raise AZN 350 million at the interest rate of 8.01% - 9.99%. The finances will be raised for 14 days," the CBA said.

The CBA deposit auctions are conducted on the Bloomberg trading platform. Auctions have been organized from 13 June 2016.


Keywords: deposit auction