Central Bank plans to raise AZN 250 million in a deposit auction


April 10, Fineko/abc.az. The Central Bank of Azerbaijan will hold another deposit auction for banks.

According to the CBA, it expects to raise AZN 250 million in the deposit auction on 13 April.

The funds will be raised for the period of 14 days. The interest corridor for the raised funds is set at 6.76% - 7.24%.

The CBA has been holding deposit auctions since June 2016.