Central Bank of Azerbaijan to attract AZN 100M

Central Bank of Azerbaijan to attract AZN 100M
  • Clock-gray 13:43
  • calendar-gray 19 October 2017

The Central Bank of Azerbaijan (CBA) will hold a hybrid deposit auction to attract funds on October 23, the CBA said.

 

Period of deposit auction makes up 14 days.

 

CBA will attract 100 million manats. Interest rate on the banks’ deposits will vary between 10.01 percent and 14.99 percent.

 

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