Central Bank raised AZN 100 million for 13 days in deposit auction


June 18, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) has conducted another deposit auction for the banks.

The CBA reports that it raised AZN 100 million in the deposit auction on 18 June.

"The supply in the auction reached AZN 672.3 million. The weighted average interest rate made up 6.51%. The funds were raised for 13 days," the CBA said.

The CBA began holding deposit auctions in June 2016.