Central Bank raised AZN 100 million in a deposit auction

12:21 - 10.02.2020

February 10, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) raised AZN 100 million in a deposit auction.

"On 10 February the CBA held another deposit auction for banks in which it raised AZN 100 million. The offer in the auction amounted to AZN 603 million. The weighted average supply during the auction made up 5.51%," the CBA said.

The funds were raised for the period of 14 days.

The CBA started holding deposit auctions in June 2016.

 

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