Central Bank raised AZN 150 million in a deposit auction

12:18 - 13.01.2020

January 13, Fineko/abc.az. The Central Bank of Azerbaijan raised AZN 150 million in a deposit auction for banks.

"On 13 January the CBA held another deposit auction in which it raised AZN 150 million. The supply in the auction amounted to AZN 883.95 million. The weighted average bid during the auction made up 5.76%," the CBA said.

The funds were raised for the period of 14 days.

The CBA started holding deposit auctions in June 2016.

 

Other news