12:02 - 23.07.2025

---

July 23, Fineko/abc.az. Stable dynamics of short-term interest rates has been observed in the money market since the last meeting of the Board of the Central Bank of Azerbaijan (CBA) at the discount rate.

ABC.AZ informs with reference to the CBA that interest rates in the unsecured money market are moving within CBA's interest rate corridor.

"The average daily level of AZIR index in June was 7.03%, and for the past period in July - 7.15%. Deposit auctions conducted by the Ministry of Finance since April to place available funds in the single treasury account continue to have stimulating effect on the liquidity of the banking sector. Under these conditions, the CBA sought to bring AZIR rate closer to the discount rate, sterilizing a significant part of the excess liquidity through weekly operations. Activity in the money market remains high. Over the past 6 months of 2025, compared with Jan-Jun 2024, the volume of transactions in the unsecured market grew by 26% and the number by 55%," the CBA says.