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

On May 25, 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 AZ2091024706 in the amount of 30 million manats with a circulation period of 168 days.

During the auction, 13 orders with a price interval of 9585.3400 (9.27%) manat and 9623.2189 (8.39%) manat were submitted by 13 investors. The total amount of the orders at the nominal price was 29,870,000 manats.

According to the decision of ARMB, the cut-off price of notes is 9585.3400 (9.27%) manat, and the average weighted price is 9600.9967 (8.91%) manat.

As a result of the auction, the placed volume of notes was 29,870,000 manats.

The maturity date of the notes is 09.11.2023.