Baku / 27.04.17 / Turan: The Central Bank of Azerbaijan plans to attract AZN 250 million at the deposit auction on April 28.The funds will be attracted for a period of 14 days, at a weighted average rate of 12.01% -14.99%.Since June 2016, the Central Bank has started holding deposit auctions.According to international practice, the main purpose of deposit auctions is sterilization of the money supply. During the deposit auctions, the Central Bank...

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