Azerbaijan Central Bank to attract AZN 15M

Azerbaijan Central Bank to attract AZN 15M
# 13 January 2017 09:26 (UTC +04:00)

The Central Bank of Azerbaijan (CBA) will hold a deposit auction to attract funds on January 17, the CBA said.

Period of deposit auction makes up 14 days.

CBA will attract 50 million manats. Interest rate on the banks’ deposits will vary between 12.01 percent and 14.99 percent.

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THE OPERATION IS BEING PERFORMED