CBA plans to raise AZN 350 million at deposit auction

17.08.2018,13:24


August 17, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) has announced another deposit auction.

The CBA reports that the auction will be held on 20 August 2018 on the Bloomberg trading platform.

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

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

 

Keywords: deposit auction