An auction was held for placement of 28-day Short-term Notes of the Central Bank of the Republic of Azerbaijan

On January 31, 2024, an auction was held at the Baku Stock Exchange for placement of 28-day short-term notes of the Central Bank of the Republic of Azerbaijan (ARMB) with state registration number AZ2202024702 for 30 million manats.

During the auction, 6 investors submitted 6 orders with a price interval of 99,420.0500 (7.50%) manat and 99,489.2883(6.60%) manat. The total amount of the orders at the nominal price was 40,500,000 manats.

According to the decision of ARMB, the cut-off price and the average weighted price of the notes were determined as 99,489.2883 (6.60%) manats.

As a result of the auction, the placed volume of notes was 30,000,000 manats.

The maturity date of the notes is 28.02.2024.