CBA attracted 129 million AZN at the first deposit auction

This is equal to 86% of the planned volume

Baku. 13 June. REPORT.AZ/ According to results of the first auction launched by the Central Bank of Azerbaijan (CBA), volume of attracted deposits amounted to 129 mln. AZN.

Report informs referring to the CBA, the average interest rate was 6.49% per annum.

"Deposit operations focused on development of the money market and improvement of operating monetary policy framework", said the bank.

Notably, the term of deposit auction will be one month.

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