REPO auctions was held, Central Bank of the Republic of Azerbaijan

A repo auction will be held at the Baku Stock Exchange on 1 March 2024, to with the Central Bank of the Republic of Azerbaijan as a party.

Information on the parameters of the repo auction is shown in the table below

Repo subject

AZ2001008351

Auction time

11.00-11.30

Auction amount

127,000,000AZN

Placed amount

50,000,000  AZN

Repo opening price

1 AZN 

number of repo subject

70.000.000 pieces

Repo period

days 

Min. interest

6,70%

Max. interest 

7,70%

Cut off interest

6,85%

Average weighted interest

6,74%

Number of banks participating in the auction

5

Number of orders

5