Sixth Deposit Auction Attracted 20 Million AZN

Azerbaijani Central Bank (CBA) in the sixth deposit auction attracted 20 million manats instead of the planned 50 million manats on August 1.

Demand of the banks was limited to 20 million AZN. The weighted average interest rate on deposit transactions was 6.9%. The term of the deposit is 28 days.

The first deposit auction was held on June 13 and attracted 129 million AZN, while 50 million AZN was drawn on the fifth auction. -0--

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