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

On August 2, 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 the state registration number AZ2127024704 in the amount of 20 million AZN with a circulation period of 168 days.

During the auction, 10 investors submitted 10 orders with a price interval of 9,556.2705 (9.95%) AZN and 9,618.4675 (8.5%) AZN. The total amount of the orders at the nominal price was 88,960,000 AZN.

According to the decision of ARMB, the cut-off price of notes is 9,597.7887 (8.98%) AZN and the average weighted price is 9,602.7654 (8.86%) AZN.

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

The maturity date of the notes is 17.01.2024.