Central Bank raised AZN 150 million in deposit auction

14:52 - 25.11.2019


November 25, Fineko/abc.az. The Central Bank of Azerbaijan has conducted another deposit auction for banks.

According to the CBA, in the deposit auction on 25 November the CBA raised AZN 150 million.

"The offer at the auction amounted to AZN 743.7 million. The weighted average interest rate made up 6.01%. The funds were raised for 14 days," the CBA said.

The CBA started holding deposit auctions in June 2016.