CBA announces interest rates on banknotes in virculation

BAKU, Azerbaijan, September 4. Interest rates
on banknotes issued by the Central Bank of Azerbaijan (CBA) have
been announced.

This was announced in a report published by the CBA.

According to the CBA, the volume of banknotes in circulation as
of September 3, 2026, amounted to 1.6 billion manat ($940
million).

The information indicates that on September 3, the total value
of banknotes increased by 82.5 million manat ($48.5 million), or
5.25%, compared to September 2.

Thus, the value of CBA banknotes in circulation exceeded 1.6
billion manat ($940 million) for the first time since September 13,
2023.

Depending on the maturity of the bills, the interest rates were
as follows:

28-day bills – 6.00%;

84-day bills – 6.10%;

168-day bills – 6.14%;

252-day bills – 6.23%.

Thus, as the maturity of the bonds increased, so did their
interest rates. The lowest interest rate was 6.00% on 28-day bonds,
and the highest was 6.23% on 252-day bonds.

Overall, as of September 3, the amount of Central Bank bonds in
circulation totaled 1.655 billion manats.