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Azerbaijan’s Central Bank to raise 250M manats at auction

Azerbaijan’s Central Bank to raise 250M manats at auction
The Central Bank of Azerbaijan will hold a deposit auction on Jan. 15, 2018 to raise 250 million Azerbaijani manats, the CBA told APA-Economics.

The auction will be held on the Bloomberg trading platform. The funds will be placed for a period of 14 days. The interest rate on deposits will vary within 10.01-14.99 percent.

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