12:51 - 7.12.2020

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December 7, Fineko/abc.az. The Central Bank of Azerbaijan has raised AZN 100 million at today’s deposit auction.

"On 7 December the CBA held another deposit auction for banks, in which it raised AZN 100 million. The supply at the auction was AZN 533.5 million. The weighted average rate during the auction was 6.01%," the CBA said.

The funds were raised for the period of 14 days.

The CBA started holding deposit auctions in June 2016.