On July 6, 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 state registration number AZ2110024703 in the amount of 40 million manats with a circulation period of 84 days.

During the auction, 5 orders with a price interval of 9,816.7539 (8%) manat and 9,831.8427 (7.33%) manat were submitted by 5 investors. The total amount of the orders at the nominal price was 56,200,000 manats.

According to the decision of the ARMB, the cut-off price and the average weighted price of the notes were determined as 9,831.8427 (7.33%) manats.

As a result of the auction, the placed volume of notes was 40,000,000 manats.

The maturity date of the notes is 28.09.2023.