Central Bank plans to raise AZN 350 million at deposit auction on 4 March

12:08 - 1.03.2019


March 1, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) will hold another deposit auction for banks.

The CBA reports that the auction will be held on 4 March, and it is expected to raise AZN 350 million for 14 days.

The interest corridor on the raised funds is set at 7.26%-9,24%.

The CBA has been holding deposit auctions since June 2016.

 

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