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

On April 24, 2024, an auction was held at the Baku Stock Exchange for the placement of 15 million manat notes with a circulation period of 168 days under state registration number AZ2245024701 of the Central Bank of the Republic of Azerbaijan (ARMB).

During the auction, 6 orders with a price range of 96,310.0413 (8.21%) manat and 96,622.7141 (7.49%) manat were submitted by 6 investors. The total amount of the orders at the nominal price was 26,200,000 manats.

According to the decision of ARMB, the cut-off price and the average weighted price of the notes were determined as 96,622.7141 (7.49%) manats.

As a result of the auction, the placed volume of notes was 15,000,000 manats.

The maturity date of the notes is 09.10.2024.