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

On September 13, 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 state registration number AZ2154024700 in the amount of 20 million manats.

During the auction, 5 orders with a price range of 9,926.6531 (9.5%) manat and 9,937.9321 (8.03%) manat were submitted by 5 investors. The total amount of the orders at the nominal price was 38,290,000 manats.

According to the decision of ARMB, the cut-off price and the average weighted price of the notes were determined as 9,937.9321 (8.03%) manats.

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

The maturity date of the notes is 11.10.2023.