Central Bank to raise AZN 150 million in deposit auction on 29 April

16:39 - 26.04.2019

April 26, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) will hold another deposit auction for banks.

The CBA reports that in the deposit auction on 29 April it expects to raise AZN 150 million for the period of 14 days.

The interest corridor on the raised funds is set at the level of 6.76%-8.74%.

The CBA has been holding deposit auctions since June 2016.

 

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