Central Bank to hold a deposit auction on 3 September

12:58 - 31 August 2018

August 31, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) has announced the next deposit auction.

The CBA informs that the auction will be held on Monday (3 September) on the Bloomberg trading platform.

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

Deposit auctions have been organized since 13 June 2016.