Central Bank plans to raise AZN 350 million in deposit auction on 11 February

16:55 - 8.02.2019

February 8, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) will hold another deposit auction for banks.

The CBA reports that the auction to be held on 11 February is expected to raise AZN 350 million for 14-day term.

The percentage corridor on the attracted finances is set at 7.26%-9.24%.

The CBA has been holding deposit auctions since June 2016.

 

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