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

On April 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 AZ2072024709 in the amount of 30 million manats with a circulation period of 252 days.

During the auction, 12 investors submitted 12 orders with a price interval of 9376.4651 (9.5%) manat and 9482.2682 (7.8%) manat. The total amount of the orders at the nominal price was 34,210,000 manats.

According to the decision of ARMB, the cut-off price of notes is 9407.3377 (9%) manats, and the average weighted price is 9439.4163 (8.48%) manats.

As a result of the auction, the placed volume of notes was 30,000,000 manats.

The maturity date of the notes is 28.12.2023.