An auction was held for placement of 252-day notes of the Central Bank of the Republic of Azerbaijan

On July 13, 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 AZ2116024707 in the amount of 60 million manats with a circulation period of 252 days.

During the auction, 12 investors submitted 12 orders with a price interval of 9285.0511 (11%) manat and 9407.3378 (9 %) manat. The total amount of the orders at the nominal price was 48,250,000 manats.

 According to ARMB's decision, the cut-off price of notes is 9285.0511 (11.00%) manats, and the average weighted price is 9348.6150 (9.95%) manats.

  As a result of the auction, the placed volume of notes was 48,250,000 manats.

  The maturity date of the notes is 21.03.2024.