Central Bank raised AZN 200 million in a deposit auction

12:12 - 4.05.2020

May 4, Fineko/abc.az. The Central Bank of Azerbaijan has raised AZN 200 million in a deposit auction.

"On 4 May the CBA held another deposit auction for banks, in which it raised AZN 200 million. The offer in the auction was AZN 271.4 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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