Central Bank of Azerbaijan to attract AZN 100M

  05 October 2017    Read: 735
Central Bank of Azerbaijan to attract AZN 100M

The Central Bank of Azerbaijan (CBA) will hold a hybrid deposit auction to attract funds on October 9, 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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