Central Bank raised AZN 150 million in deposit auction

12:43 - 27.05.2019

May 27, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) has held another deposit auction for banks.

The CBA reports that AZN 150 million were attracted in the deposit auction on 27 May.

"The supply in the auction amounted to AZN 838.6 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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