Notes placement of the Central Bank of the Republic of Azerbaijan

On February 2,  2024, 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

7

AZ2204024700
02.02.2024

100.000.000

100.000
1000

09.02.2024


Only banks operating in the Republic of Azerbaijan can participate in the auction. The owners of the notes may conclude trade, pledge, REPO and other transactions with the notes and any person can act as a party to these transactions.

During the auction, one competitive order can be submitted by one bank and there is no limit to the size of the competitive order to be submitted.

The orders can be presented within the price range of 99,849.6293 to 99,878.5227.

If the number of participants during the auction is less than 5, the auction will be considered not completed.

Settlements for concluded transactions will be carried out in the T+0 mode.