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

21:39 - 2.11.2018


November 2, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) has announced another deposit auction.

According to the CBA, the auction will be held at the Bloomberg trading platform on 5 November.

"Through the auction it is planned to raise AZN 350 million at the rate of 7.76% - 9.74%. The funds will be raised for 14 days," it was reported.

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