Central Bank raised AZN 100 million at deposit auction

12:23 - 4.11.2019

November 4, Fineko/abc.az. The Central Bank of Azerbaijan has conducted another deposit auction for banks.

According to the CBA, in the auction on 4 November the CBA raised AZN 100 million.

"The supply in the auction amounted to AZN 558.7 million. The weighted average interest rate made up 6.01%. The funds were raised for 14 days," the CBA said.

The CBA started holding deposit auctions from June 2016.

 

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