Central Bank plans to raise AZN 350 million in d auction on 27 March ABC.AZ

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Central Bank plans to raise AZN 350 million in d auction on 27 March

12:59 - 19 March 2019

March 19, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) will hold another deposit auction for the banks.

The CBA reports that the deposit auction will be held on 27 March, in which it expects to raise AZN 350 million for the 14-day trem.

The interest rate corridor for the raised funds is set at the level of 7.01%-8.99%.

The CBA has been holding deposit auctions since June 2016.

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