On May 23, 2024, an auction was held at the Baku Stock Exchange for the placement of 15 million manat notes of the Central Bank of the Republic of Azerbaijan (ARMB) with a state registration number of AZ2260024701 with a maturity of 252 days.

During the auction, 7 investors submitted 7 orders with a price interval of 94696.9697 (8%) manat and 95011.8765 (7.5%) manat. The total amount of the orders at the nominal price was 23,800,000 manats.

According to the decision of ARMB, the cut-off price of notes is 94791.2223 (7.85%) manat and the average weighted price is 94847.1218 (7.76%) manat.

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

The maturity date of the notes is 30.01.2025.