Central Bank of Azerbaijan to attract AZN 250M

Central Bank of Azerbaijan to attract AZN 250M
  • Clock-gray 07:29
  • calendar-gray 25 January 2018

The Central Bank of Azerbaijan (CBA) will hold a hybrid deposit auction to attract funds on January 29, the CBA said.

 

Period of deposit auction makes up 14 days.

 

CBA will attract 250 million manats. Interest rate on the banks’ deposits will vary between 10.01 percent and 14.99 percent.

 

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