An auction was held for placement of 252-day notes of the Central Bank of the Republic of Azerbaijan

On May 2, 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 AZ2250024703 in the amount of 15 million manats with a circulation period of 252 days.

During the auction, 5 orders with a price interval of 94,715.8052 (7.97%) manat and 94,980.2917 (7.55%) manat were submitted by 5 investors. The total amount of the orders at the nominal price was 22,400,000 manats.

According to the decision of ARMB, the cut-off price of the notes is 94,828.9759 (7.79%) manat and the average weighted price is 94,927.4395 (7.63%) manat.

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

The maturity date of the notes is 09.01.2025.