On July 6, 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 AZ2112024701 in the amount of 60 million manats with a circulation period of 252 days.

During the auction, 11 investors submitted 11 orders with a price interval of 9,346.4058 (9.99%) manat and 9,422.8504 (8.75%) manat. The total amount of the orders at the nominal price was 46,840,000 manats.

According to ARMB's decision, the cut-off price of notes is 9,346.4058 (9.99%) manats, and the average weighted price is 9,398.6061 (9.14%) manats.

As a result of the auction, the placed volume of notes was 46,840,000 manats.

The maturity date of the notes is 14.03.2024.