Central Bank raised AZN 100 million in deposit auction

12:14 - 3.06.2019

June 3, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) has conducted a regular deposit auction for the banks.

The CBA reports that it raised AZN 100 million in the deposit auction on 3 June.

"The supply at the auction amounted to AZN 744.8 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 began holding deposit auctions in June 2016.

 

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