State Treasury Places Funds In Local Banks At 6.74% Interest In Latest Auction

(MENAFN- AzerNews)

On May 26, 2025, the Ministry of Finance of the Republic of Azerbaijan held another deposit auction as part of its ongoing efforts to enhance the efficiency of state budget fund management. The auction involved the placement of funds from the Unified Treasury Account, denominated in national currency, into local banks as deposits. According to information provided to Azernews by the Ministry, the auction concluded with the placement of...

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