Baku / 08.05.20 / Turan: The budget of the next deposit auction of the Central Bank will amount to 250 million manats. The auction will be held on May 12.It is planned to raise funds for a period of 13 days, at a weighted average rate of 6.76% -7.24%.Deposit auctions are held as part of anti-inflationary measures. During the auction, the Central Bank accepts deposits of commercial banks for placement. The main purpose of deposit auctions is to st...

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