Central Bank raised AZN 150 million in deposit auction


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

The CBA informs in the deposit auction on 14 October the Central Bank raised AZN 150 million.

"The supply in the auction amounted to AZN 582.8 million. The weighted average interest rate made up 6.26%. The funds were raised for 14 days," the CBA said.

The CBA started holding deposit auctions since June 2016.