Central Bank raised AZN 150 million in a deposit auction

12:21 - 7.09.2020


September 7, Fineko/abc.az. The Central Bank of Azerbaijan has conducted a regular deposit auction.

"In the deposit auction organized for the banks on 7 September the CBA raised AZN 150 million. The supply in the auction totaled AZN 729.9 million. The weighted average bid during the auction was 6.26%," the CBA informed.

The funds were raised for the period of 14 days.

The CBA started holding deposit auctions in June 2016.

 

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