Central Bank plans to raise AZN 100 million in deposit auction on 14 August

12:44 - 9.08.2019

August 9, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) will hold another deposit auction for banks.

The CBA reports that it expects to attract AZN 100 million in the deposit auction.

The funds will be raised for the period of 12 days. The interest corridor on the raised funds is set at the level at 6.26-8.24%.

The CBA has been holding deposit auctions since June 2016.

 

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