Central Bank attracts 50 mln AZN at today’s auction

Finance
  • 24 January, 2017
  • 12:05
Central Bank attracts 50 mln AZN at today’s auction

Baku. 24 January. REPORT.AZ/ Central Bank of Azerbaijan (CBA) has today held next deposit auction to raise funds.

Report informs referring to the CBA, 50 mln. AZN has been attracted from the commercial banks based in Azerbaijan.

But demand at deposit auction exceeded and made 165 million AZN.

As a result of the auction, weighted average interest rate made 14,59% in transactions.