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Central Bank raised AZN 100 million at a deposit auction

12.10.2020,12:37


October 12, Fineko/abc.az. The Central Bank of Azerbaijan raised AZN 100 million at a deposit auction.

"On 12 October the CBA held another deposit auction for banks, in which it raised AZN 100 million. The offer at the auction was AZN 579.6 million. The weighted average order during the auction was 6.01%," the CBA said.

The funds were raised for the period of 14 days.

The CBA started holding deposit auctions since June 2016.