Central Bank to hold a deposit auction

16:07 - 29.06.2018

June 29, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) has announced another deposit auction to raise funds.

According to the CBA, the auction will be held on 2 July 2018 on the Bloomberg trading platform.

"Through the auction it is planned to raise AZN 350 million at the interest rate of 8.01% - 9.99%. The funds will be raised for 14 days," the CBA said.

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

 

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