On October 12th and 13th 2022 from 11:00 to 11:30, an auction on placement of notes of the Central Bank of the Republic of Azerbaijan will be held on BSE.

Turnover period

         ISIN

Registration amount (manat)

Auction date
Auction
volume

 

Nomi nal

Quantity

Maturity date

28

AZ2013024701
30.000.000
12.10.2022

30.000.000

100
300.000

09.11.2022

84

AZ2014024700
30.000.000
12.10.2022

30.000.000

100
300.000

04.01.2023

168

AZ2015024709
30.000.000
13.10.2022

30.000.000

100
300.000

30.03.2023

252

AZ2016024708
30.000.000
13.10.2022

30.000.000

100
300.000

22.06.2023

   

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.