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

On August 10, 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 AZ2133024706 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 9345.7944 (10%) manat and 9408.00 (8.99%) manat. The total amount of the orders at the nominal price was 25,830,000 manats.

According to ARMB's decision, the cut-off price of notes is 9390.6413 (9.27%) manats, and the average weighted price is 9402.6406 (9.08%) manats.

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

The maturity date of the notes is 18.04.2024.