Central Bank raised AZN 100 million in a deposit auction

13:30 - 10.03.2020

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

"On 10 March the CBA held another deposit auction for banks, in which it raised AZN 100 million. The offer in the auction was AZN 268 million. The weighted average bid 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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