Central Bank plans to raise AZN 100 million in new interest rate corridor at deposit auction on 29 July

17:08 - 26.07.2019


July 26, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) will hold the next deposit auction for banks.

The CBA reports that in the deposit auction it expects to raise AZN 100 million on 29 July.

The finances will be raised for the period of 14 days. The interest corridor on the raised funds is set at 6.26-8.24%.

The CBA has been holding deposit auctions since June 2016.