On September 28, 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 AZ2165024707 in the amount of 20 million manats with a circulation period of 252 days.

During the auction, 7 investors submitted 7 orders with a price interval of 9435.2974 (8.55%) manat and 9445.2788 (8.39%) manat. The total amount of the orders at the nominal price was 57,970,000 manats.

According to the decision of ARMB, the cut-off price of notes is 9439.6617 (8.48%) manats, and the average weighted price is 9441.0627 (8.46%) manats.

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

The maturity date of the notes is 06.06.2024.