Central Bank plans to raise AZN 100 million in deposit auction on 1 July

12:55 - 28.06.2019

June 28, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) will hold a regular deposit auction for the banks.

The CBA reports that it expects to raise AZN 100 million in the deposit auction on 1 July.

The funds will be raised for the period of 14 days. The interest corridor on the raised funds is set at the level of 6.51-8.49%.

The CBA has been holding deposit auctions since June 2016.

 

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