On May 8th, 2024, an auction will take place at the Baku Stock Exchange for the placement of notes issued by the Central Bank of the Republic of Azerbaijan.

The collection of orders during the auction will be organized from 11:00 to 11:30 in accordance with the trading regulations of BSE.

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
AZ2251024702
08.05.2024
15.000.000
100.000
150
05.06.2024
168
AZ2252024701
08.05.2024
15.000.000
100.000
150
23.10.2024


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.

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.