An auction was held for placement of 168-day notes of the Central Bank of the Republic of Azerbaijan

On October 11th, 2023, an auction was held at the Baku Stock Exchange for placement of notes of the Central Bank of the Republic of Azerbaijan (ARMB) with state registration number AZ2172024708 in the amount of 20 million manats with a circulation period of 168 days.

During the auction, 5 investors submitted 5 orders with a price interval of 9,629.7057 (8.24%) manat and 9,637.9350 (8.05%) manat. The total amount of the orders at the nominal price was 53,470,000 manats.

According to the decision of ARMB, the cut-off price of notes is 9,631.4370 (8.20%) manats and the average weighted price is 9,632.5499 (8.17%) manats.

As a result of the auction, the placed volume of notes was 20,000,000 manats.

The maturity date of the notes is 27.03.2024