Baku / 22.02.19 / Turan: The Central Bank plans to attract AZN 350 million at a deposit auction. The auction will take place on February 25.Funds will be raised for a period of 14 days, at a weighted average rate of 7.26% -9.24%.Deposit auctions are conducted as part of anti-inflation measures. During the auction, the Central Bank accepts deposits from commercial banks. The main purpose of deposit auctions is money sterilization.In 2016, the Cent...

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