Central Bank raised AZN 250 million in a deposit auction

12:47 - 13.04.2020

April 13, Fineko/abc.az. The Central Bank of Azerbaijan has raised AZN 250 million in a deposit auction.

"On 13 April the CBA held another deposit auction for banks, in which it raised AZN 250 million. The offer at the auction was AZN 426.9 million. The weighted average rate during the auction made up 6.85%, " the CBA reported.

The funds were raised for the period of 14 days.

The CBA started holding deposit auctions since June 2016.

 

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