Central Bank to hold a deposit auction on 24 September


September 21, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) has announced another deposit auction.

According to the CBA, the auction will be held on Monday, 24 September, on the Bloomberg trading platform.

"Through the deposit 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," it was reported.

The CBA deposit auctions have been held from 13 June 2016.