Central Bank of Azerbaijan to attract AZN 300M

Central Bank of Azerbaijan to attract AZN 300M
  • Clock-gray 09:12
  • calendar-gray 29 December 2017

The Central Bank of Azerbaijan (CBA) will hold a hybrid deposit auction to attract funds on January 5, the CBA said.

 

Period of deposit auction makes up 10 days.

 

CBA will attract 200 million manats. Interest rate on the banks’ deposits will vary between 10.01 percent and 14.99 percent.

 

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