Bank Of Baku

Azerbaijan Central Bank to hold deposit auction

Azerbaijan Central Bank to hold deposit auction
# 02 September 2016 10:22 (UTC +04:00)

Baku. Musa Ahmadov – APA-Economics. The Central Bank of Azerbaijan (CBA) will hold a deposit auction to attract funds on September 5, the CBA said.

 

Period of deposit auction makes 28 days.

 

The auction will be held on the Bloomberg trading platform.

 

CBA is ready to receive 50 million manats from the banks. Interest rate on the banks’ deposits will vary between 4.01 percent and 9.49 percent.

 

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