Central Bank raised AZN 100 million in a deposit auction

12:34 - 10.11.2020

November 10, Fineko/abc.az. The Central Bank of Azerbaijan has raised AZN 100 million at a deposit auction.

"On 10 November the CBA held another deposit auction for banks, in which it raised AZN 100 million. The offer at the auction was AZN 413.7 million. The weighted average rate during the auction was 6.01%," the CBA said.

The funds were raised for the period of 13 days.

The CBA started holding deposit auctions in June 2016.