Central Bank of Azerbaijan to attract AZN 200M

  26 October 2017    Read: 534
Central Bank of Azerbaijan to attract AZN 200M

The Central Bank of Azerbaijan (CBA) will hold a hybrid deposit auction to attract funds on October 30, the CBA said.

Period of deposit auction makes up 14 days.

CBA will attract 200 million manats. Interest rate on the banks’ deposits will vary between 10.01 percent and 14.99 percent.

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