Central Bank plans to raise AZN 350 million at deposit auction

17:01 - 1.06.2018


June 1, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) has announced another deposit auction.

The CBA reports that the auction will be held on 4 June 2018 on the Bloomberg trading platform.

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

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

 

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