Central Bank of Azerbaijan to attract AZN 300M

  29 December 2017    Read: 635
Central Bank of Azerbaijan to attract AZN 300M

The Central Bank of Azerbaijan (CBA) will hold a hybrid deposit auction to attract funds on January 5, the CBA said.

Period of deposit auction makes up 10 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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