Central Bank raised AZN 100 million in a deposit auction

12:37 - 3.02.2020

February 3, Fineko/abc.az. The Central Bank of Azerbaijan raised AZN 100 million in a deposit auction for banks.

"On 3 February the CBA held another deposit auction in which it raised AZN 100 million. The offer in the auction amounted to AZN 598.7 million. The weighted average rate during the auction made up 5.51%," the CBA informed.

The funds were raised for the period of 14 days.

The CBA started holding deposit auctions in June 2016.

 

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