On October 19, 2022, an auction was held at the Baku Stock Exchange for the placement of 28-day short-term notes of the Central Bank of the Republic of Azerbaijan (ARMB) with state registration number AZ2017024707 in the amount of 30 million manats.
During the auction, 16 orders with a price interval of 99.6899 (4%) manat and 99.7286 (3.5%) manat were submitted by 10 investors. The total amount of the orders at the nominal price was 66,016,100 manats.
According to the decision of ARMB, the cut-off price and the average weighted price of the notes were determined as 99.7286 (3.5%) manats.
As a result of the auction, the placed volume of notes was 30,000,000 manats.
The maturity date of the notes is 11/16/2022.
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.
