Central Bank raised AZN 150 million in a deposit auction

12:20 - 21.09.2020

September 21, Fineko/abc.az. The Central Bank of Azerbaijan has raised AZN 150 million at a deposit auction.

"On 21 September, the CBA held another deposit auction for banks, in which it attracted AZN 150 million. The supply at the auction was AZN 795.1 million. The weighted average rate during the auction made up 6.01%," the CBA said.

The funds were raised for the period of 14 days.

The CBA started holding deposit auctions since June 2016.

 

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