Central Bank of Azerbaijan to attract AZN 200M

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22 February 2018

The Central Bank of Azerbaijan (CBA) will hold a hybrid deposit auction to attract funds on February 26, 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 8.01 percent and 12.99 percent.

 

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THE OPERATION IS BEING PERFORMED