Central Bank plans to raise AZN 350 million at deposit auction

17:05 - 24.08.2018

August 24, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) has announced another deposit auction.

According to the CBA, the auction will be held on 27 August on the Bloomberg trading platform.

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

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

 

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