An auction was held for placement of Notes of the Central Bank of the Republic of Azerbaijan

On January 11, 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 AZ2058024707 in the amount of 45 million manats with a circulation period of 84 days.

During the auction, 7 investors submitted 11 orders with a price interval of 9816.754 (8%) manat and 9859.67 (6.1%) manat. The total amount of the orders at the nominal price was 53,260,000 manats. 

According to the decision of ARMB, the cut-off price of notes is 9823.5044 (7.7%) manats, and the average weighted price is 9830.6616 (7.38%) manats.

As a result of the auction, the placed volume of notes was 45,000,000 manats. 

The maturity date of the notes is 04.05.2023.