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

On August 2, 2023, 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 the state registration number AZ2125024706 in the amount of 20 million AZN.

During the auction, 10 investors submitted 10 orders with a price interval of 9,936.6264 (8.2%) manat and 9,948.2376 (6.69%) manat. The total amount of the orders at the nominal price was 81,700,000 manats.

According to ARMB's decision, the cut-off price of notes is 9,947.5433 (6.78%) manat and the average weighted price is 9,947.6300 (6.77%) manat.

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

The maturity date of the notes is 30.08.2023.