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

On August 17, 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 state registration number AZ2138024701 in the amount of 20 million manats with a circulation period of 252 days.

During the auction, 5 orders with a price interval of 9,389.00 (9.3%) manat and 9,401.1469 (9.1%) manat were submitted by 5 investors. The total amount of the orders at the nominal price was 25,430,000 manats.

According to the decision of ARMB, the cut-off price of notes is 9,389.00 (9.3%) manats, and the average weighted price is 9,393.1213 (9.23%) manats.

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

The maturity date of the notes is 25.04.2024.