On May 18, 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 AZ2088024701 in the amount of 30 million manats with a circulation period of 252 days.

During the auction, 16 orders with a price interval of 9,352.6000 (9.89%) manat and 9,407.9573 (8.99%) manat were submitted by 14 investors. The total amount of the orders at the nominal price was 40,410,000 manats.

According to the decision of ARMB, the cut-off price of notes is 9,376.4654 (9.5%) manats, and the average weighted price is 9,387.9103 (9.31%) manats.

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

The maturity date of the notes is 25.01.2024.