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Central Bank raised AZN 100 million for 28 days in a deposit auction

22.01.2020,12:42


January 22, Fineko/abc.az. The Central Bank of Azerbaijan raised AZN 100 million for 28 days in a deposit auction for banks.

"On 22 January the CBA held another deposit auction, in which it raised AZN 100 million. The supply in the auction amounted to AZN 592.2 million. The weighted average bid during the auction made up 5.76%," the CBA said.

The funds were raised for the period of 28 days.

The CBA started holding deposit auctions in June 2016.