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

On April 24, 2024, an auction was held at the Baku Stock Exchange for the placement of 28-day short-term notes of the Central Bank of the Republic of Azerbaijan (ARMB) with state registration number AZ2243024703 in the amount of 20 million manats.

During the auction, 5 orders with a price interval of 99,404.6764 (7.7%) manat and 99,512.3893 (6.3%) manat were submitted by 5 investors. The total amount of the orders at the nominal price was 28,500,000 manats.

According to the decision of ARMB, the cut-off price of notes is 99,440.8112 (7.23%) manat and the average weighted price is 99,446.6776 (7.15%) manat.

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

The maturity date of the notes is 22.05.2024.