Central Bank plans raising AZN 350 million in next Monday’s deposit auction

12:10 - 12.04.2019

April 12, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) will hold another deposit auction for the domestic banks.

The CBA reports that the auction will be organized on 15 April is expected to raise AZN 350 million for the period of 14 days.

The interest rate corridor on 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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