On May 23, 2024, 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 AZ2258024705 in the amount of 15 million manats with a circulation period of 84 days.

During the auction, 6 orders with a price interval of 98,257.5659 (7.6%) manat and 98,329.7061 (7.28%) manat were submitted by 6 investors. The total amount of the orders at the nominal price was 25,000,000 manats.

According to the decision of ARMB, the cut-off price of notes is 98,316.1717 (7.34%) manats, and the average weighted price is 98,318.0514 (7.33%) manats.

As a result of the auction, the amount of notes placed was 15,000,000 manats. 

The maturity date of the notes is 15.08.2024.