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

On January 18, 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 AZ2062024701 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 9814.506 (8.10%) manat and 9828.2353 (7.49%) manat. The total amount of the orders at the nominal price was 59,080,000 manats.

         According to the decision of ARMB, the cut-off price of notes is  9819.2281 (7.89%) manats, and the average weighted price is 9823.7408 (7.69%) manats.

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

         The maturity date of the notes is 12.04.2023.