Central Bank of Azerbaijan to attract AZN 350M

Central Bank of Azerbaijan to attract AZN 350M
  • Clock-gray 13:47
  • calendar-gray 01 June 2018

The Central Bank of Azerbaijan (CBA) will hold a hybrid deposit auction to attract funds on June 4, the CBA said.

 

Period of deposit auction makes up 14 days.

 

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

 

 

Other news