Yegana Lachinzade - APA. The Central Bank of Azerbaijan (CBA) will hold a deposit auction to attract funds on July 18, the CBA said July 13.
The auction will be held on the Bloomberg trading platform. CBA intends to receive 100 million manats from the banks. Interest rate on the banks’ deposits will vary between 4.01 percent and 6.99 percent.
The funds will be placed for one month’s period.