12:16 - 11.03.2020

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March 11, Fineko/abc.az. The Central Bank of Azerbaijan raised AZN 100 million in a deposit auction.

"On 11 March the CBA held another deposit auction for banks, in which it raised AZN 100 million. The offer in the auction amounted to AZN 313 million. The weighted average rate during the auction made up 5.51%," the CBA said.

The funds were raised for the period of 28 days.

The CBA started holding deposit auctions since June 2016.