Central Bank Plans to Attract AZN 100 Million

Baku / 05.10.17 / Turan: The Central Bank is planning to raise AZN 100 million at the deposit auction on October 9. The funds will be attracted for a period of 14 days, at the weighted average rate of 10.01% - 14.99%.

Deposit auctions are held as part of anti-inflation measures. The Central Bank has started holding deposit auctions since June 2016. -----71D

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