Baku / 09/13/19 / Turan: At the next deposit auction, the Central Bank plans to attract 150 million manat.The auction will take place on September 16.The funds will be attracted for a period of 14 days, with the weighted average rate of 6.26% -7.99%.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 sterilize the money ...
