Central Bank of Azerbaijan to attract AZN 150M

Central Bank of Azerbaijan to attract AZN 150M
# 23 February 2017 07:45 (UTC +04:00)

The Central Bank of Azerbaijan (CBA) will hold a deposit auction to attract funds on February 27, 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