Central Bank plans to raise AZN 350 million at deposit auction on 28 January

15:16 - 25.01.2019


January 25, Fineko / abc.az. The Central Bank of Azerbaijan (CBA) will hold another deposit auction for the banks.

The CBA reports that the auction to be held on 28 January is expected to raise AZN 350 million for 14-day term.

The interest corridor on the raised funds is set at the level of 7.76%-9.74%.

The CBA has been holding deposit auctions since June 2016.

 

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