On July 20, 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 AZ2118024705 in the amount of 40 million manats with a circulation period of 84 days.

During the auction, 8 orders with a price interval of 9761.5260 (10.47%) manat and 9805.7400 (8.49%) manat were submitted by 8 investors. The total amount of the orders at the nominal price was 60,240,000 manats.

 According to the decision of the ARMB, the cut-off price 9783.1406 (9.50%)  manats and the average weighted price  of the notes were determined as 9796.9186 (8.88%) manats.

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

 The maturity date of the notes is 12.10.2023.