Central Bank raised AZN 100 million in deposit auction


November 18, Fineko/abc.az. The Central Bank of Azerbaijan has conducted the next deposit auction for banks.

The CBA informs that it raised AZN 100 million in the auction.

"The supply in the auction amounted to AZN 605 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 in June 2016.