Azerbaijan Central Bank to hold another deposit auction


March 1, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) has announced the next deposit auction.

According to the CBA, the auction will be held on Monday, 5 March 2018.

"Through the auction we plan to raise up to AZN 250 million at the rate of 8.01% – 12.99%. The funds will be raised for 14-day period," it was informed.

The CBA deposit auction is conducted on the Bloomberg trading platform. Auctions have been organized since 13 June 2016.



Keywords: deposit auction