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

On May 17, 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 AZ2085024704 in the amount of 30 million manats.

During the auction, 16 orders with a price range of 9,938.1625 (8%) manat and 9,944.3119 (7.2%) manat were submitted by 15 investors. The total amount of the orders at the nominal price was 36,540,000 manats.

According to ARMB's decision, the cut-off price of the notes is 9,939.1613 (7.87%) manats, and the average weighted price is 9,941.6468 (7.55%) manats.

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

The maturity date of the notes is 14.06.2023.