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

On June 14, 2023, an auction was held at the Baku Stock Exchange for the placement of 15 million manat short-term notes of the Central Bank of the Republic of Azerbaijan (ARMB) with state registration number AZ2101024704.

During the auction, 7 investors submitted 7 orders with a price interval of 9,938.1625 (8%) manat and 9,952.3944 (6.15%) manat. The total amount of the orders at the nominal price was 41,850,000 manats.

According to the decision of ARMB, the cut-off price of notes is 9,952.0862 (6.19%) manats, and the average weighted price is 9,952.0913 (6.19%) manats.

As a result of the auction, the amount of notes placed was 15,000,000 manats.

The maturity date of the notes is 12.07.2023.