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

On November 22nd, 2023, an auction was held at the Baku Stock Exchange for the placement of notes of the Central Bank of the Republic of Azerbaijan (ARMB) with state registration number AZ2184024704 in the amount of 20 million manats with a circulation period of 168 days.

During the auction, 7 investors submitted 7 orders with a price interval of 9648.7843  (7.8%)manat and 9,657.4813(7.6%) manat. The total amount of the orders at the nominal price was 28,440,000 manats.

According to the decision of ARMB, the cut-off price of notes 9,653.1308 (7.7%) and the average weighted price is 9654.5667 (7.67%) manats.

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

The maturity date of the notes is 08.05.2024.