Ministry of Finance Placed 174 Million Manats in Bank Deposits in July

21:23 - 31.07.2026

July 31, Fineko/abc.az. To enhance state budget liquidity management and generate additional yield, the Ministry of Finance of Azerbaijan conducted 4 deposit auctions during July.

A total of 174 million AZN from treasury account balances was allocated into term deposits across commercial banks:

  • July 9: 73 million AZN (4 banks, 28 days, weighted average rate: 7.24%);

  • July 16: 40 million AZN (4 banks, 28 days, weighted average rate: 6.52%);

  • July 23: 31 million AZN (2 banks, 28 days, weighted average rate: 6.55%);

  • July 30: 30 million AZN (3 banks, 84 days, weighted average rate: 6.53%).

The Ministry continues its practice of placing treasury balances into commercial banks on market terms via competitive deposit auctions.