On January 11, 2024, 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 AZ2197024709 in the amount of 20 million manats with a circulation period of 84 days.

During the auction, 6 orders with a price interval of 98354.5288(7.17%) manat and 98404.2117 (6.95%) manat were submitted by 6 investors. The total amount of the orders at the nominal price was 47,200,000 manats.

According to the decision of ARMB, the cut-off price 98392.9157 (7 %) and the average weighted price of the notes were determined as 98398.8166 (6.97%) manats.

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

The maturity date of the notes is 04.04.2024.