Central Bank raised AZN 100 million in a deposit auction

12:34 - 7.10.2019

October 7, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) has conducted another deposit auction for the domestic banks.

The CBA reports that it raised AZN 100 million in the deposit auction on 7 October.

"The supply in the auction amounted to AZN 583.6 million. The weighted average interest rate made up 6.26%. The finances were raised for 14 days," the CBA reported.

The CBA began holding deposit auctions since June 2016.

 

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