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

On March 13th, 2024, 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 AZ2229024701 in the amount of 30 million manats with a circulation period of 168 days.

During the auction, 8 investors submitted 8 orders with a price interval of 96757.9632 (7.18%) manat and 96924.2698 (6.8%) manat. The total amount of the orders at the nominal price was 54,200,000 manats.

According to the decision of ARMB, the cut-off price of notes 96884.8298 (6.89%) and the average weighted price is 96901.7013 (6.85%) manats.

As a result of the auction, the placed volume of notes was 30,000,000 manats.

The maturity date of the notes is 28.08.2024.