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

On March 27, 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 AZ2231024707 in the amount of 40 million manats.

During the auction, 5 investors submitted 5 orders with a price interval of 99,324.0447 (8.75%) AZN and 99,477.7419(6.75%) AZN. The total amount of the orders at the nominal price was 65,100,000 manats.

According to the decision of ARMB, the cut-off price was 99,466.9676 (6.89%) AZN and the average weighted price was 99,470.5774 (6.84%) AZN.

As a result of the auction, the placed volume of notes was 40,000,000 manats.

The maturity date of the notes is 24.04.2024.