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

On October 19, 2023, an auction was held at the Baku Stock Exchange for the placement of 20 million manat notes with a circulation period of 252 days under the state registration number AZ2177024703 of the Central Bank of the Republic of Azerbaijan (ARMB).

During the auction, 5 orders with a price interval of 9,345.7944 (10%) manat and 9,452.1532 (8.28%) manat were submitted by 5 investors. The total amount of the orders at the nominal price was 36,610,000 manats.

According to the decision of ARMB, the cut-off price and the average weighted price of the notes were determined as 9,452.1532 (8.28%) manats.

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

The maturity date of the notes is 27.06.2024.