Central Bank of Azerbaijan to attract AZN 250M

Central Bank of Azerbaijan to attract AZN 250M
# 18 January 2018 12:57 (UTC +04:00)

The Central Bank of Azerbaijan (CBA) will hold a hybrid deposit auction to attract funds on January 22, the CBA said.

Period of deposit auction makes up 14 days.

CBA will attract 250 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