Central Bank reduces supply for next deposit auction by AZN 100M

  28 April 2017    Read: 1130
Central Bank reduces supply for next deposit auction by AZN 100M
The Central Bank of Azerbaijan (CBA) will hold a deposit auction to attract funds on May 1, the CBA said.
Period of deposit auction makes up 14 days.

CBA will attract 150 million manats. Interest rate on the banks’ deposits will vary between 12.01 percent and 14.99 percent.

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