Central Bank plans to raise AZN 100 million in deposit auction on 15 July


July 12, 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.

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

The CBA has been holding deposit auctions since June 2016.