CBA launches one-day deposit and reverse-repo transactions in Azerbaijan

The Central Bank of Azerbaijan has started conducting one-day deposit transactions for sterilization and one-day reverse-repo transactions to provide liquidity as instruments of permanent availability, Report informs, citing the Bank.

According to the information, the interest rate on one-day deposit operations for sterilization is equal to the lower limit of the interest corridor, and the interest rate on one-day reverse-repo transactions to provide liquidity is equal to the upper limit of the interest corridor.