Central Bank raised AZN 200 million manats in a deposit auction


November 30, Fineko/abc.az. The Central Bank of Azerbaijan has raised AZN 200 million at a deposit auction.

"On 30 November, the CBA held another deposit auction for banks, in which it raised AZN 200 million. The offer at the auction was AZN 772.5 million. The weighted average rate 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 in June 2016.