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Azerbaijani central bank sells $10M via auction

Business Materials 10 February 2016 20:37 (UTC +04:00)
The Central Bank of Azerbaijan (CBA) sold $10 million to one domestic bank through the auction Feb. 10, the CBA said Feb. 10.
Azerbaijani central bank sells $10M via auction

Baku, Azerbaijan, Feb. 10
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The Central Bank of Azerbaijan (CBA) sold $10 million to one domestic bank through the auction Feb. 10, the CBA said Feb. 10.

"CBA put up for sale $200 million, but only one bank participated in the auction," the statement said. "The requested amount of currency worth $10 million was sold to it."

CBA holds auctions three times a week - on Monday, Wednesday and Friday.

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