Central Bank raised AZN 350 million at deposit auction


August 20, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) has held another deposit auction.

The CBA reports that today it managed to raise AZN 350 million at the auction.

"The supply at the auction reached AZN 569.29 million. The weighted average interest rate made up 8.01%," the CBA reported.

The funds were raised for the 14-day term.