An auction was held for placement of 7-day notes of the Central Bank of the Republic of Azerbaijan

On August 11, 2023, an auction was held at the Baku Stock Exchange for the placement of notes of the Central Bank of the Republic of Azerbaijan (ARMB) with the state registration number AZ2129024702 in the amount of 30 million AZN with a circulation period of 7 days.

During the auction, 5 investors submitted 5 orders with a price interval of 9984.4686 (8 %) AZN and 9985.4282 (7.51%) AZN. The total amount of the orders at the nominal price was 38,030,000 AZN.

According to the decision of ARMB, the cut-off price of notes is 9984.8563 (7.8%) AZN and the average weighted price is 9985.2094 (7.62%) AZN.

As a result of the auction, the placed volume of notes was 30,000,000 AZN.

The maturity date of the notes is 18.08.2023.