Central Bank raised AZN 150 million in deposit auction

14:33 - 10.06.2019

June 10, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) has conducted another deposit auction for the banks.

The CBA reports that it raised AZN 150 million in the deposit auction on 10 June.

"The supply in the auction amounted to AZN 817.7 million. The weighted average interest rate made up 6.51%. The funds were raised for 14 days," the CBA said.

The weighted average interest rate in the deposit auction on 3 June made up 6.76%.

The CBA began holding deposit auctions in June 2016.

 

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