Central Bank of Azerbaijan to attract AZN 350M

  13 April 2018    Read: 636
Central Bank of Azerbaijan to attract AZN 350M

The Central Bank of Azerbaijan (CBA) will hold a hybrid deposit auction to attract funds on April 16, the CBA said.

Period of deposit auction makes up 13 days.

CBA will attract 350 million manats. Interest rate on the banks’ deposits will vary between 8.01 percent and 10.99 percent.


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