On October 5th and 6th 2022 from 11:00 to 11:30 an auction on placement of notes of Central Bank of the Republic of Azerbaijan will be held on BSE.

Turnover period

            
           ISIN

Registration amount (manat)

Auction date
     Auction
     volume

 

Nominal


Quantity

Maturity date

28

AZ2009024707
30.000.000
05.10.2022

30.000.000

   100
300.000

02.11.2022

84

AZ2010024704
30.000.000
05.10.2022

30.000.000

   100
300.000

28.12.2022

168

AZ2011024703
30.000.000
06.10.2022

30.000.000

   100
300.000

23.03.2023

252

AZ2012024702
30.000.000
06.10.2022

30.000.000

   100
300.000

15.06.2023


During the course of the auctions, the total number of orders submitted by each bank should not exceed 2 (1 competitive and 1 non-competitive) and the nominal amount of the orders placed should not exceed the volume of auctioned notes. Acceptance of non-competitive orders is permitted provided they do not exceed 20% of the issue of notes.

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.

Settlements of transactions concluded as a result of the auction will be carried out in the T+0 mode. Price range restrictions do not apply to submitted orders.

Only local banks operating on the basis of a license can act as buyers of notes of the Central Bank of the Republic of Azerbaijan.