Central Bank plans to raise AZN 150 million in a deposit auction on 19 August

15:51 - 15.08.2019


August 15, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) will hold another deposit auction for banks.

The CBA reports that in the auction on 19 August it expects to raise AZN 150 million.

The funds will be raised for the period of 14 days. The interest corridor on the raised funds is set at the level of 6.26-8.24%.

The CBA has been holding deposit auctions since June 2016.

 

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