On November 29, 2022, an auction was held at the Baku Stock Exchange for the placement of AZ0104002974 ISIN of the Ministry of Finance of the Republic of Azerbaijan, in the amount of 100 million manats, with a maturity of 364 days.

During the auction, 29 orders with a price interval of 90.9544 (10%) manat and 96.1639 (4.0111%) manat were submitted by 15 investors. 

According to the decision of the Ministry of Finance, the cut-off price of bonds is 95.7164 (4.4999%) manats, and the average weighted price is 95.8351 (4.3698%) manats.

The total amount of orders at the nominal price is 466,396,300.00 manats, and the placed volume is 150,000,000.00 manats. 

The maturity date of the bonds is 28.11.2023. 

Auction participants must fulfill their obligations on the purchase of bonds by November 30, 2022. 

Note: The volume of bonds offered by the Issuer can be increased up to 50 percent if the demand for government bonds exceeds the offer during the auction and the price satisfies the Issuer.