(MENAFN- Trend News Agency) BAKU, Azerbaijan, Oct. 26
By Zeyni Jafarov - Trend:
The Central Bank of Azerbaijan (CBA) attracted 100 million manat ($58.8 million) at the deposit auction, Trend reports with reference to CBA.
According to CBA, on October 26, 2020, CBA held another deposit auction, attracting 100 million manat, and the offer during the auction amounted to 633 million manat ($372.3 million).
The weighted average rate during the auction was at the level of 6.01 percent.
The funds were raised for a period of 14 days.
CBA began holding deposit auctions in June 2016.
(1 USD = 1.7 manat on Oct. 26)
---
Follow the author on Twitter: @ jafarov_zeyni
MENAFN2610202001870000ID1101017505
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.