Supply at deposit auction exceeded AZN 1.1 bn

13:05 - 25.02.2019

February 25, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) held another deposit auction.

The CBA reports that on 25 February it raised AZN 350 million in the auction.

"The supply at the deposit auction totaled AZN 1.136 bn. The weighted average interest rate made up 7.26%," the CBA said.

The funds were raised for the period of 14 days.

The CBA began holding deposit auctions since June 2016.

 

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