16:52 - 5.09.2025

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September 5, Fineko/abc.az. On September 5, the Ministry of Finance organized a deposit auction to place funds from the Treasury account in local banks, aiming to manage the state budget more efficiently.

According to ABC.AZ, as a result of the auction, AZN 200.0 million from the Treasury account was placed on a 28-day deposit at a 7.00% interest rate with a bank that submitted the winning bid among the five largest banks in the country by capitalization and total assets.

It is noted that, following a nine-month pause, the Baku Stock Exchange will host an auction for 3-year medium-term Ministry of Finance bonds on September 9, 2025.