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

On May 3, 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 AZ2078024703 in the amount of 30 million manats with a circulation period of 84 days.

During the auction, 17 investors submitted 18 orders with a price interval of 9816.7539 (8%) manat and 9841.8000 (6.89%) manat. The total amount of the orders at the nominal price was 42,160,000 manats.

According to ARMB's decision, the cut-off price of notes is 9822.3788 (7.75%) manats, and the average weighted price is 9827.6374 (7.52%) manats.

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

The maturity date of the notes is 26.07.2023.