AZN 350 million to be raised at deposit auction on 19 November

16.11.2018,13:14


November 16, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) has announced the next deposit auction.

According to the CBA, the auction will be held on 19 November on the Bloomberg trading platform.

"Through the auction it is planned to raise AZN 350 million at the rate of 7.76% - 9.74%. The finances will be raised for 14 days," it was reported.

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

 

Keywords: deposit auction