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

On March 13, 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 AZ2227024703 in the amount of 20 million manats.

During the auction, 6 investors submitted 6 orders with a price interval of 99,421.0000 (7.49%) manat and 99,497.0000(6.5%) manat. The total amount of the orders at the nominal price was 58,100,000 manats.

According to the decision of ARMB, the cut-off price was 99,466.9676(6.89%) AZN and the average weighted price was 99,474.1733(6.80%) .

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

The maturity date of the notes is 10.04.2024.