Central Bank of Azerbaijan to attract AZN 250M

Central Bank of Azerbaijan to attract AZN 250M
# 28 March 2018 10:14 (UTC +04:00)

The Central Bank of Azerbaijan (CBA) will hold a hybrid deposit auction to attract funds on March 29, the CBA said.

Period of deposit auction makes up 20 days.

CBA will attract 250 million manats. Interest rate on the banks’ deposits will vary between 8.01 percent and 12.99 percent.

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