The Central Bank of Azerbaijan (CBA) will hold a deposit auction for banks to attract 150 million manats ($88 million), the press service of the CBA reported.
The auction will take place on September 7, 2020.
The interest rate on the attracted funds has been set at 6.26 - 6.74 percent.
The CBA attracted 100 million manats ($58 million) at the previous auction held on August 31.
The CBA started holding the deposit auctions in 2016.
More about: CBA