On December 8, 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 AZ2047024701.

During the auction, 8 investors submitted 8 orders with a price interval of 97.4976 manat (5.50%) and 97.7199 manat (5.00%) . The total amount of the orders at the nominal price was 42,512,700 manats.

         According to the decision of ARMB, the cut-off price of notes is 97.4976 manat (5.50%) and the average weighted price is 97.5957 manat (5.28%).

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

         The maturity date of the notes is 25.05.2023.

         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.