Central Bank raised AZN 150 million in deposit auction

12:03 - 24.12.2019

December 24, Fineko/abc.az. The Central Bank of Azerbaijan raised AZN 150 million in the next deposit auction for banks.

"On 24 December the CBA held another deposit auction in which it raised AZN 150 million. During the auction the supply amounted to AZN 783.1 million. The weighted average rate made up 5.76%," the CBA said.

The funds were raised for the period of 14 days.

CBA began holding deposit auctions since June 2016.

 

Other news