12:03 - 9.09.2019

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September 9, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) has held another deposit auction for banks.

The CBA informs that the Central Bank raised AZN 150 million at a deposit auction on September 9.

“The offer at the auction amounted to AZN 583.1 million. The weighted average interest rate was 6.26%. The funds were raised for 14 days,” the CBA said.

The CBA began holding deposit auctions in June 2016.