13:33 - 12.05.2020

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May 12, Fineko/abc.az. The Central Bank of Azerbaijan has raised AZN 250 million in a deposit auction.

"On 12 May the CBA held another deposit auction for the banks, in which it raised AZN 200 million. The offer at the auction was AZN 256.5 million. The weighted average order during the auction made up 6.76%," the CBA reported.

The funds were raised for the period of 13 days.

The CBA started holding deposit auctions since June 2016.