CBA plans to attract AZN 150 million at deposit auction on September 16


September 13, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) will hold a deposit auction for banks.

"On September 16, the CBA will hold a deposit auction, through which it expects to attract AZN 150 million for a period of 14 days," the CBA said.

The interest corridor on attracted funds at the September 9 auction was set at 6.26% -7.99%.

As reported, the CBA in June 2016 began holding deposit auctions.