Central Bank raised AZN 250 million in a deposit auction

12:52 - 27.04.2020

April 27, Fineko/abc.az. The Central Bank of Azerbaijan raised AZN 250 million in a deposit auction.

"On 27 April the CBA held another deposit auction for banks, in which it rised AZN 250 million. The offer at the auction was AZN 416.5 million. The weighted average rate during the auction was 6.76%," 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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