Central Bank of Azerbaijan to attract AZN 200M

Central Bank of Azerbaijan to attract AZN 200M
# 26 October 2017 08:29 (UTC +04:00)

The Central Bank of Azerbaijan (CBA) will hold a hybrid deposit auction to attract funds on October 30, the CBA said.

 

Period of deposit auction makes up 14 days.

 

CBA will attract 200 million manats. Interest rate on the banks’ deposits will vary between 10.01 percent and 14.99 percent.

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THE OPERATION IS BEING PERFORMED