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

On April 17, 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 AZ2239024709 in the amount of 20 million manats.

During the auction, 6 investors submitted 6 orders with a price interval of 99,436.1968 (7.29%) AZN and 99,512.3893(6.30%) AZN. The total amount of the orders at the nominal price was 40,200,000 AZN.

According to the decision of ARMB, the cut-off price was 99,440.8112 (7.23%) AZN and the average weighted price was 99,448.0160 (7.14%) .

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

The maturity date of the notes is 15.05.2024.