Central Bank of Azerbaijan attracts funds of AZN 100 mln. in deposit auction

Central Bank of Azerbaijan attracts funds of AZN 100 mln. in deposit auction
# 10 March 2020 12:16 (UTC +04:00)

Results of the deposit auction held by the Central Bank of the Republic of Azerbaijan (CBA) have been announced, CBA told APA-Economics.

In the next deposit auction, held on the attraction of funds for the term of 14 days by the Central Bank on March 10, demand was AZN 268 mln, while the average interest rate on deposit transactions concluded within the auction was 5.51 percent.

As a result, the CBA has attracted funds of AZN 100 mln. during the auction.

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