An auction was held for placement of 84-day notes of the Central Bank of the Republic of Azerbaijan

On September 28, 2023, an auction was held at the Baku Stock Exchange for placement of notes of the Central Bank of the Republic of Azerbaijan (ARMB) with state registration number AZ2163024709 in the amount of 20 million manats with a circulation period of 84 days.

During the auction, 5 orders with a price range of 9,788.7267 (9.25%) manat and 9,814.5058 (8.1%) manat were submitted by 5 investors. The total amount of the orders at the nominal price was 32,510,000 manats.

According to the decision of ARMB, the cut-off price of notes is 9,813.3822 (8.15%) manats, and the average weighted price is 9,813.7612 (8.13%) manats.

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

The maturity date of the notes is 21.12.2023.