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

On August 10, 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 AZ2131024708 in the amount of 20 million manats with a circulation period of 84 days.

During the auction, 7 investors submitted 7 orders with a price interval of 9794.3193 (9 %) manat and 9828.0143 (7.5%) manat. The total amount of the orders at the nominal price was 27,970,000 manats.

According to the decision of ARMB, the cut-off price of notes is 9819.453 (7.88%) manat and the average weighted price is 9821.9081 (7.77%) manat.

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

The maturity date of the notes is 02.11.2023.