17:18 - 1.02.2024

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February 1, Fineko/abc.az. On February 1, 2024, an auction was held at the Baku Stock Exchange for the placement of Central Bank’s notes with state registration number for 30 million manats and 84-day circulation term.

ABC.AZ reports that during the auction five investors submitted five bids with price range of 98.460.7305(6.7%) manats and 98.483.3566 (6.6%) manats. The total amount of applications at the nominal price was 44,000,000 manats.

According to CBA’s decision, the price of the notes was determined at 98,460.7305 (6.7%) manats, and the average price of the notes was determined at 98,472.1462 (6.65%) manats. The last auction of the notes was held at the end of January, and the average rate was 6.8%.

As a result of the auction, the volume of placed notes reached 30 million manats.

The maturity date of the notes is 25 April 2024.