CBA plans to raise AZN 100 million at deposit auction on September 9

12:35 - 6.09.2019

September 6, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) will hold a deposit auction for banks.

"On September 9, the CBA will hold a deposit auction, through which it expects to attract AZN100 million for a period of 14 days," the CBA said.

At the previous auction on September 2, the CBA raised AZN 150 million.

The interest corridor on attracted funds at the September 9 auction was set at 6.26% -8.24%.

As reported, the CBA began holding deposit auctions  in June 2016.

 

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