Plans to raise AZN 350 million at deposit auction on 26 November unveiled

16:22 - 22.11.2018


November 22, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) has announced another deposit auction.

The CBA reports that the auction will be held on the Bloomberg trading platform on 26 November.

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

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

 

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