An auction was held for placement of 168-day notes of the Central Bank of the Republic of Azerbaijan

On May 1, 2024, an auction was held at the Baku Stock Exchange for the placement of notes of the Central Bank of the Republic of Azerbaijan (ARMB) with a state registration number of AZ2249024707 in the amount of 15 million manats with a circulation period of 168 days.

During the auction, 5 orders with a price interval of 96,414.0405 (7.97%) manat and 96,749.2260 (7.2%) manat were submitted by 5 investors. The total amount of the orders at the nominal price was 23,500,000 manats.

According to ARMB's decision, the cut-off price of notes is 96,622.7141 (7.49%) manats, and the average weighted price is 96,664.6108 (7.39%) manats.

As a result of the auction, the placed volume of notes was 15,000,000 manats.

The maturity date of the notes is 16.10.2024.