On November 11th, 2022, an auction was held at the Baku Stock Exchange for the placement of 30 million manat 167-day notes of the Central Bank of the Republic of Azerbaijan (ARMB) with state registration number AZ2031024709.

During the auction, 16 orders with a price interval of 97.8219 (4.80%) manat and 97.9998  AZN (4.40%) manat were submitted by 9 investors. The total amount of the orders at the nominal price was 48,932,700 manats.

According to the decision of ARMB, the cut-off price of the notes is 97.9898 (4.42%) and the average weighted price is 97.9973(4.41%) manat.

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

The maturity date of the notes is 27.04.2023.

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.