Central Bank raised AZN 150 million in a deposit auction


October 28, Fineko/abc.az. The Central Bank of Azerbaijan has conducted another deposit auction for the banks.

According to the CBA, it raised AZN 150 million.

"The supply in the auction amounted to AZN 678.3 million. The weighted average interest rate made up 6.01%. The funds were raised for 14 days," the CBA said.

CBA started holding deposit auctions from June 2016.