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Central Bank raised AZN 150 million in a deposit auction

13.07.2020,14:01


July 13, Fineko/abc.az. The Central Bank of Azerbaijan has raised AZN 150 million in a deposit auction.

"On 13 July the CBA held another deposit auction for banks, in which it raised AZN 150 million. The offer in the auction was AZN 567.5 million. The weighted average rate during the auction was 6.51%," the CBA reported.

The funds were raised for the period of 14 days.

The CBA started holding deposit auctions in June 2016.