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

On April 18, 2024, an auction was held at the Baku Stock Exchange for placement of notes of the Central Bank of the Republic of Azerbaijan (ARMB) with a state registration number of AZ2242024704 in the amount of 15 million manats with a circulation period of 252 days.

During the auction, 6 orders with a price range of 9.4509.0256 (8.3%) manat and 9.5202.00 (7.2%) manat were submitted by 6 investors. The total amount of the orders at the nominal price was 28,900,000 manats.

According to ARMB's decision, the cut-off price of notes is 9.4766.07 (7.89%) manat and the average weighted price is 9.4861.4296 (7.74%) manat.

As a result of the auction, the amount of notes placed was 15,000,000 manats.

The maturity date of the notes is 26.12.2024.