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

On January 18, 2023, 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 AZ2061024702 in the amount of 45 million manats.

During the auction, 15 orders with a price range of 9944,312 (7.2%) manats and 9951,239 (6.3%) manats were submitted by 10 investors. The total amount of the orders at the nominal price was 54,370,000 manats. 

According to the decision of ARMB, the cut-off price of notes is 9945.9274 (6.99%) manats, and the average weighted price is 9948.1765 (6.7%) manats. 

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

The maturity date of the notes is 15.02.2023.