Central Bank of Azerbaijan to attract AZN 200M

  01 December 2017    Read: 651
Central Bank of Azerbaijan to attract AZN 200M

The Central Bank of Azerbaijan (CBA) will hold a hybrid deposit auction to attract funds on December 4, 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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