Central Bank raised AZN 100 million in deposit auction


October 21, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) has conducted another deposit auction for banks.

According to the CBA, it raised AZN 100 million in the auction on 21 October.

"The supply in the auction reached AZN 538.0 million. The weighted average interest rate made up 6.26%. The finances were raised for 14 days," the CBA said.

The CBA started holding deposit auctions from June 2016.