Central Bank raised AZN 100 million in a deposit auction for 28 days

14:52 - 26.02.2020

February 26, Fineko/abc.az. The Central Bank of Azerbaijan has raised AZN 100 million in a deposit auction.

"On 26 February the CBA held another deposit auction for banks, in which it raised AZN 100 million. The offer at the auction amounted to AZN 617.6 million. The weighted average bid during the auction made up 5.51%," the CBA said.

The funds were raised for the period of 28 days.

The CBA started holding deposit auctions in June 2016.

 

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