On October 12, 2022, an auction was held at the Baku Stock Exchange for the placement of 30 million manat short-term notes of the Central Bank of the Republic of Azerbaijan (ARMB) with state registration number AZ2013024701 in the amount of 28 days.

During the auction, 15 orders with a price interval of 99.6899 (4%) and 99.744 (3.3%) were submitted by 10 investors. The total amount of the orders at the nominal price was 53,516,600 manats. 

According to ARMB's decision, the cut-off price of the notes is 99.6899 (4%) and the average weighted price is 99.7067 (3.78%). 

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

he maturity date of the notes is 09.11.2022. 

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.