Central Bank raised AZN 200 million in a deposit auction

15:14 - 28.12.2020

December 28, Fineko/abc.az. The Central Bank of Azerbaijan has raised AZN 200 million at a deposit auction.

"Today, the CBA held another deposit auction for banks, in which it raised AZN 200 million. The offer at the auction amounted to AZN 915.4 million. The weighted average rate during the auction was 5.76%," the CBA said.

The funds were raised for the period of 14 days.

The CBA started holding deposit auctions in June 2016.

 

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