On January 11 and January 12, 2023, an auction will be held at the Baku Stock Exchange to place notes of the Central Bank of the Republic of Azerbaijan. We inform you that the collection of orders during the auction will be organized from 11:00 to 11:30.
Information about the release parameters of the notes is given in the table below:
Turnover period | ISIN | Auction date | Auction volume |
Nomi nal | Quantity | Maturity date |
28 | AZ2065024708 | 25.01.2023 | 45,000,000 | 10.000 | 4.500 | 22.02.2023 |
84 | AZ2066024707 | 25.01.2023 | 45,000,000 | 10.000 | 4.500 | 19.04.2023 |
168 | AZ2067024706 | 26.01.2023 | 15,000,000 | 10.000 | 1.500 | 13.07.2023 |
252 | AZ2068024705 | 26.01.2023 | 15,000,000 | 10.000 | 1.500 | 05.10.2023 |
2 competitive orders can be submitted by one bank in the auction. The sum of nominal amounts of all bids issued by one bank must not exceed 20% of the volume of auctioned notes. There are no restrictions on the price range of orders.
If the number of bids submitted during the auction is less than 5, the auction shall be deemed failed. The contracts concluded during the auction will be settled in T+0 mode.
Only local banks acting on the basis of a license can be buyers of banknotes of the Central Bank of the Republic of Azerbaijan.
