12:42 - 30.09.2026

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September 30, Fineko/abc.az. This September, the Ministry of Finance conducted 5 deposit auctions in order to manage State Budget funds and generate additional income from the balance on the treasury account.

According to the Ministry, at auctions, the balance of the treasury account for totally 87 million manats was placed on term deposits in commercial banks for 28 and 84 days at weighted average interest rate of 6.5%.

This mechanism is regulated by the Rules for transferring the balance of a single treasury account to management. Placing funds in commercial banks not only brings additional income to the state budget, but also helps increase liquidity in the banking sector.