Central Bank raised AZN 150 million in a deposit auction

12:57 - 27.01.2020

January 27, Fineko/abc.az. The Central Bank of Azerbaijan raised AZN 150 million in a deposit auction for banks.

"On 27 January the CBA held another deposit auction in which it raised AZN 150 million. The offer at the auction reached AZN 728.9 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.

CBA started holding deposit auctions in June 2016.

 

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