Central Bank of Azerbaijan to attract AZN 100M

20:25   10 August 2017    750

The Central Bank of Azerbaijan (CBA) will hold a hybrid deposit auction to attract funds on August 14, 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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