AZN 350 million raised at deposit auction


July 16, Fineko/ The Central Bank of Azerbaijan (CBA) has held the next deposit auction today.

The CBA reports that AZN 350 million was raised at the auction.

"AZN 886.4 million was offered at the deposit auction. The weighted average interest rate made up 8.01%," the CBA reported.

The finances were raised for the 14-day term.


Keywords: deposit auction