Central Bank reduces supply for next deposit auction by AZN 100M

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# 14:34
28 April 2017

The Central Bank of Azerbaijan (CBA) will hold a deposit auction to attract funds on May 1, the CBA said.

 

Period of deposit auction makes up 14 days.

 

CBA will attract 150 million manats. Interest rate on the banks’ deposits will vary between 12.01 percent and 14.99 percent.

 

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THE OPERATION IS BEING PERFORMED