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

On May 24, 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 AZ2089024700 in the amount of 28 days.

During the auction, 13 investors submitted 13 orders with a price interval of 9938.1625 (8%) manat and 9943.6197 (7.29%) manat. The total amount of the orders at the nominal price was 32,800,000 manats.

According to the decision of ARMB, the cut-off price of notes is 9938.2400 (7.99%) manats, and the average weighted price is 9940.1773 (7.74%) manats.

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

The maturity date of the notes is 21.06.2023.