On May 22, 2024, an auction was held at the Baku Stock Exchange for the placement of 15 million manat short-term notes of the Central Bank of the Republic of Azerbaijan (ARMB) with state registration number AZ2257024706 in the amount of 28 days.

During the auction, 6 orders with a price range of 99,420.0498 (7.5%) manat and 99,512.3893 (6.3%) manat were submitted by 6 investors. The total amount of the orders at the nominal price was 30,000,000 manats.

According to the decision of ARMB, the cut-off price of notes is 99,428.5070 (7.39%) manat and the average weighted price is 99,443.0701 (7.2%) manat.

As a result of the auction, the amount of notes placed was 15,000,000 manats. 

The maturity date of the notes is 19.06.2024.