Central Bank plans to raise AZN 100 million in deposit auction on 3 June

12:16 - 31.05.2019

May 31, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) will hold the next deposit auction for the banks.

The CBA reports that it expects to raise AZN 100 million in the auction on 3 June.

The funds will be raised 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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