Central Bank raised AZN 150 million in deposit auction

12:45 - 20.05.2019


May 20, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) has conducted a regular deposit auction for the domestic banks.

The CBA reports that it raised AZN 150 million in the auction on 20 May.

"The supply in the auction amounted to AZN 763.2 million. The weighted average interest rate made up 6.76%," the CBA said.

The funds were raised for the period of 14 days.

The CBA started holding deposit auctions in June 2016.

 

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