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Central Bank raised AZN 100 million at a deposit auction

26.10.2020,12:44


October 26, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) has raised AZN 100 million at a deposit auction.

"On 26 October, the CBA held another deposit auction for banks, in which it raised AZN 100 million. The offer at the auction was AZN 633 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 has been holding deposit auctions since June 2016.