Central Bank plans to raise AZN 350 million at deposit auction on 1 October

17:03 - 28.09.2018

September 28, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) has announced another deposit auction.

According to the CBA, the auction will be held on the Bloomberg trading platform on 1 October.

"Through the auction it is planned to raise AZN 350 million at the rate of 8.01-9.99%. The finances will be raised for 14 days," the CBA said.

The CBA has been holding deposit auctions since 13 June 2016.