Central Bank attracts AZN 638M in deposit auctions in Q1

Central Bank attracts AZN 638M in deposit auctions in Q1
# 18 May 2017 10:11 (UTC +04:00)

In the first quarter of 2017 Central Bank held 16 deposit auctions, 12 auctions on placement of notes. Period of deposit auction made up 14 days, notes were placed for 28 days.

Total residual of funds attracted through auction deposits and note placements amounted to AZN 706.9 million. Of this, AZN 637.8 million was attracted from deposit auctions, AZN 69.1 million from note placements.

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THE OPERATION IS BEING PERFORMED