Central Bank raised AZN 100 million in a deposit auction

13:16 - 14.08.2019

August 14, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) held another deposit auction for domestic banks.

The CBA reports that it raised AZN 100 million in the deposit auction on 14 August.

"The supply in the auction totaled AZN 682.2 million. The weighted average interest rate made up 6.26%. The funds were raised for 12 days," the CBA said.

The CBA began holding deposit auctions from June 2016.

 

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