Central Bank of Azerbaijan to attract AZN 350M

Central Bank of Azerbaijan to attract AZN 350M
# 13 April 2018 08:59 (UTC +04:00)

The Central Bank of Azerbaijan (CBA) will hold a hybrid deposit auction to attract funds on April 16, the CBA said.

Period of deposit auction makes up 13 days.

CBA will attract 350 million manats. Interest rate on the banks’ deposits will vary between 8.01 percent and 10.99 percent.

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THE OPERATION IS BEING PERFORMED