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

On January 18, 2024, 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 AZ2199024707 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 94,905.0000(7.67%) manat and 95,284.3763(7.07%) manat. The total amount of the orders at the nominal price was 88,700,000 manats.

According to the decision of ARMB, the cut-off price was 95,246.2592(7.13%) and the average weighted price is 95,274.9610(7.08%) manats.

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

The maturity date of the notes is 26.09.2024.