On October 20, 2022, an auction was held at the Baku Stock Exchange for the placement of 30 million manat 168-day notes of the Central Bank of the Republic of Azerbaijan (ARMB) with state registration number AZ2019024705.

During the auction, 18 orders with a price interval of 96.8366 (7%) manat and 98.1226 (4.1%) manat were submitted by 12 investors. The total amount of the orders at the nominal price was 65,531,000 manats. 

According to the decision of ARMB, the cut-off price of the notes is 97.9476 (4.49%) and the average weighted price is 97.9920 (4.39%) manat. 

As a result of the auction, the placed volume of notes was 30,000,000 manats. 

The maturity date of the notes is 06.04.2023. 

In case the demand collected in the auction exceeds the offer, the offer can be increased by the issuer up to a maximum of 20% of the amount initially auctioned.