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

12:32 - 29.01.2020

January 29, Fineko/abc.az. The Central Bank of Azerbaijan conducted another deposit auction for the banks.

"On 29 January the CBA held another deposit auction in which it raised AZN 100 million. The offer at the auction amounted to AZN 545.3 million. The weighted average rate 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.

 

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