Azerbaijan Central Bank intends to receive AZN 100M at next deposit auction

Azerbaijan Central Bank intends to receive AZN 100M at next deposit auction
# 13 July 2016 12:27 (UTC +04:00)

Yegana Lachinzade - APA. The Central Bank of Azerbaijan (CBA) will hold a deposit auction to attract funds on July 18, the CBA said July 13.


The auction will be held on the Bloomberg trading platform. CBA intends to receive 100 million manats from the banks. Interest rate on the banks’ deposits will vary between 4.01 percent and 6.99 percent.

The funds will be placed for one month’s period.

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