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

On September 1, 2023, an auction was held at the Baku Stock Exchange for the placement of 30 million manat notes with a circulation period of 7 days under the state registration number AZ2144024703 of the Central Bank of the Republic of Azerbaijan (ARMB).

During the auction, 5 investors submitted 5 orders with a price interval of 9,983.4995 (8.5%) manat and 9,984.6624 (7.9%) manat. The total amount of the orders at the nominal price was 12,500,000 manats.

According to ARMB's decision, the cut-off price of notes is 9,983.4995 (8.5%) manat and the average weighted price is 9,984.0592 (8.21%) manat.

As a result of the auction, the placed volume of notes was 12,500,000 manats.

The maturity date of the notes is 08.09.2023.