Central Bank of Azerbaijan to attract AZN 100M

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# 13:00
21 September 2017

The Central Bank of Azerbaijan (CBA) will hold a hybrid deposit auction to attract funds on September 25, the CBA said.

 

Period of deposit auction makes up 14 days.

 

CBA will attract 100 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