Azerbaijan Central Bank to hold deposit auction

  07 October 2016    Read: 703
Azerbaijan Central Bank to hold deposit auction
The Central Bank of Azerbaijan (CBA) will hold a deposit auction to attract funds on September 10, the CBA said.
Period of deposit auction makes 28 days.

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 12.01 percent and 14.99 percent.

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