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

On May 10, 2023, 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 AZ2081024708 in the amount of 28 days.

During the auction, 12 investors submitted 12 orders with a price interval of 9,938.9400 (7.9%) manat and 9,947.0046 (6.85%) manat. The total amount of the orders at the nominal price was 33,400,000 manats.

According to the decision of ARMB, the cut-off price of notes is 9,940.4676 (7.7%) manats, and the average weighted price is 9,942.9247 (7.38%) manats.

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

The maturity date of the notes is 07.06.2023.