On November 2, 2022, 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 AZ2025024707 in the amount of 30 million manats.

During the auction, 7 investors submitted 12 orders with a price interval of 99.5895 (5.3%) manat and 99.7130 (3.7%) manat. The total amount of the orders at the nominal price was 42,501,800 manats. 

According to the decision of ARMB, the cut-off price of notes is 99.6899 (4%) manat, and the average weighted price is 99.7011 (3.85%) manat. 

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

The maturity date of the notes is 30/11/2022. 

In case the demand collected in the auction exceeds the offer, the offer can be increased by the issuer up to a maximum of 20% of the amount initially auctioned.