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Azerbaijan’s Central Bank raised AZN 200 million in a deposit auction

29.03.2020,12:40


March 29, Fineko/abc.az. The Central Bank of Azerbaijan has raised AZN 200 million in a deposit auction.

"On 29 March the CBA held another deposit auction for banks, in which it raised AZN 200 million. The supply in the auction was AZN 200.5 million. The weighted average rate during the auction made up 6.82%," the CBA reported.

The finances were raised for the period of 14 days.

The CBA started holding deposit auctions since June 2016.