Azerbaijan’s central bank to hold AZN 600 mln repo auction on April 25

The Central Bank of Azerbaijan will conduct a 7-day repo auction worth 600 million manats on April 25 via the Baku Stock Exchange.

The auction will be held from 15:00 to 15:30 local time. The repo security has the identifier AZ2001008351 and an opening price of 1 manat.

The interest rate range is set between 6.26% and 7.24%. Each bank may submit only one bid, with the volume limited to the full auction amount.

The repo matures on May 2, 2025.

N.Tebrizli