Azerbaijan Central Bank to hold deposit auction

  25 August 2016    Read: 897
Azerbaijan Central Bank to hold deposit auction
The Central Bank of Azerbaijan (CBA) will hold a deposit auction to attract funds on August 29, the CBA said.
The auction will be held on the Bloomberg trading platform.

CBA is ready to receive 50 million manats from the banks. Interest rate on the banks’ deposits will vary between 4.01 percent and 9.49 percent.

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