Central Bank plans to raise AZN 100 million in deposit auction on 18 June


June 14, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) will hold another deposit auction for the banks.

The CBA reports that it expects to raise AZN 100 million in the auction on 18 June.

The funds will be raised for the period of 13 days. The interest corridor on the raised funds is set for 6.51% - 8.49%.

The CBA has been holding deposit auctions since June 2016.