12:07 - 4.03.2019

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March 4, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) held another deposit auction for banks today.

The CBA reports that it raised AZN 350 million in the deposit auction.

"The auction supply amounted to AZN 985.3 million. The weighted average interest rate made up 7.26%," the CBA said.

The finances were raised for the period of 14 days.

The CBA began holding deposit auctions since June 2016.