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

On May 4, 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 AZ2079024702 in the amount of 30 million manats with a circulation period of 168 days.

During the auction, 15 investors submitted 17 orders with a price interval of 9,599.5100 (8.94%) manat and 9,649.3000 (7.79%) manat. The total amount of the orders at the nominal price was 41,460,000 manats.

According to the decision of ARMB, the cut-off price of notes is 9,615.0148  (8.58%) manat, and the average weighted price is 9,628.7764 (8.26%) manat.

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

The maturity date of the notes is 19.10.2023.