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

On January 11, 2023, an auction was held at the Baku Stock Exchange for the placement of 45 million manat short-term notes of the Central Bank of the Republic of Azerbaijan (ARMB) with state registration number AZ2057024708.

During the auction, 15 orders with a price interval of 9939.6992 (7.8%) manat and 9957.4100 (5.5%) manat were submitted by 10 investors. The total amount of the orders at the nominal price was 70,560,000 manats. 

According to the decision of ARMB, the cut-off price of notes is 9947.3894 (6.8%) manats, and the average weighted price is 9951.0768 (6.32%) manats.

As a result of the auction, the placed volume of notes was 45,000,000 manats. 

The maturity date of the notes is 08.02.2023.