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

On September 14, 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 state registration number AZ2157024707 in the amount of 20 million manats with a circulation period of 252 days.

During the auction, 9 investors submitted 9 orders with a price interval of 9409.1966 (8.97%) manats and 9434.6743(8.56%) manats. The total amount of the orders at the nominal price was 57,240,000 manats.

 According to the decision of ARMB, the cut-off price 9,429.1000(8.65%) manats and the average weighted price of the notes were determined as 9,433.8361 (8.57%) manats.

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

The maturity date of the notes is 23.05.2024.