Central Bank plans to raise AZN 350 million at deposit auction

16:35 - 10 August 2018

August 10, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) will hold a deposit auction for banks.

"The CBA will hold the auction on 13 August and expects to raise AZN 350 million for 14-day term. The interest channel the raised finances is fixd at the level of 8.01%-9.99%,” the Bank said.

The CBA deposit auction takes place on the Bloomberg trading platform. Auctions are held from 13 June 2016.