Central Bank raised AZN 150 million in deposit auction

12:27 - 22.07.2019


July 22, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) held a regular deposit auction for banks.

The CBA reports that it raised AZN 150 million in the deposit auction on 22 July.

"The supply in the auction totaled AZN 827.9 million. The weighted average interest rate made up 6.51%.

The finances were raised for 14 days," the CBA said.

The CBA began holding deposit auctions from June 2016.

 

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