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

On August 16, 2023, 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 AZ2135024704 in the amount of 20 million manats.

During the auction, 6 orders with a price range of 9,930,600 (8.99%) manats and 9,942,1588 (7.48%) manats were submitted by 6 investors. The total amount of the orders at the nominal price was 23,130,000 manats.

According to ARMB's decision, the cut-off price of notes is 9,934.3231 (8.5%) manats and the average weighted price is 9,937.7312 (8.06%) manats.

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

The maturity date of the notes is 13.09.2023.