Central Bank raised AZN 100 million for 28-day term in a deposit auction

12:26 - 19.02.2020

February 19, Fineko/abc.az. The Central Bank of Azerbaijan raised AZN 100 million in a deposit auction.

"On 19 February the CBA held another deposit auction for banks, in which it raised AZN 100 million. The offer at the auction amounted to AZN 597 million. The weighted average order during the auction made up 5.51%," 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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