On November 10, 2022, 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 AZ2030024700 in the amount of 30 million manats with a circulation period of 83 days.

During the auction, 20 orders with a price range of 98.7478 (5.5%) manat and 99.0523 (4.15%) manat were submitted by 13 investors. The total amount of the orders at the nominal price was 66,793,500 manats. 

According to the decision of ARMB, the cut-off price of notes is 99.0410 (4.2%) manat, and the average weighted price is 99.0438 (4.19%) manat. 

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

The maturity date of the notes is 01.02.2023. 

In case the demand collected in the auction exceeds the offer, the offer can be increased by the issuer up to a maximum of 20% of the amount initially auctioned.