Central Bank of Azerbaijan to attract AZN 150M

Central Bank of Azerbaijan to attract AZN 150M
  • Clock-gray 09:33
  • calendar-gray 04 August 2017

The Central Bank of Azerbaijan (CBA) will hold a hybrid deposit auction to attract funds on August 7, the CBA said.

 

Period of deposit auction makes up 14 days.

 

CBA will attract 150 million manats. Interest rate on the banks’ deposits will vary between 10.01 percent and 14.99 percent.

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