12:31 - 8.07.2019

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July 8, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) has conducted another deposit auction for banks.

The CBA reports that it raised AZN 150 million in the deposit auction on 8 July.

"The supply at the auction amounted to AZN 857.5 million. The weighted average interest rate made up 6.51%. The funds were raised for 14 days," the CBA said.

The CBA began holding deposit auctions from June 2016.