Central Bank plans to raise AZN 350 million at deposit auction

15:58 - 18 May 2018

May 18, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) has announced another deposit auction.

According to the CBA, the auction will be held on 21 May 2018 on the Bloomberg trading platform.

"Through the auction it is planned to raise AZN 350 million at interest rate of 8.01%-10.99%. The finances will be raised for 14 days," the CBA siadş

The CBA has been holding deposit auctions since 13 June 2016.