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

A repo auction was held at the Baku Stock Exchange on 7 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

117,500,000AZN

Placed amount

100,000,000  AZN

Repo opening price

1 AZN 

number of repo subject

100.000.000 pieces

Repo period

days 

Min. interest

6,70%

Max. interest 

7,67%

Cut off interest

6,80%

Average weighted interest

6,75%

Number of banks participating in the auction

6

Number of orders

6