On December 14th, 2022, 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 AZ2049024709 in the amount of 28 days.

During the auction, 7 investors submitted 17 orders with a price interval of 99.5788(5.44%) manat and 99.7014(3.85%) manat. The total amount of the orders at the nominal price was 40,514,000 manats.

         According to the decision of ARMB, the cut-off price of notes is 99.6168 (4.95%) manats, and the average weighted price is 99.6802(4.12%) manats.

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

         The maturity date of the notes is 11.01.2023.

         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.