Azerbaijan Central Bank Notes Surpass 1.03 Billion Dollars

The Central Bank of Azerbaijan issued 1.758 billion manats in notes as of September 10, 2026. This marks a historic high for the instrument.
The Central Bank of Azerbaijan issued 1.758 billion manats in notes as of September 10, 2026. This value equals 1.034 billion dollars. It is the highest volume of outstanding notes in the bank's history.
The total value rose by 77.7 million manats in a single day. That represents a 4.6% increase compared to September 9. GN markets/policy (en-US) reported this data from Baku.
Annual Growth Trends
The volume of notes has climbed steadily since late January. The figure stood at 1.156 billion manats on January 30. It reached 1.530 billion manats by August 31.
The total increase from January to September 10 is approximately 601.7 million manats. This amounts to a 52% rise over the eight-month period. The growth rate accelerated in the final months.
Current Interest Rates
Interest rates vary based on the maturity of the notes. The 28-day notes carry the highest rate at 6.26%. The 168-day notes offer the lowest rate at 6.14%.
The 84-day notes are priced at 6.19%. The 252-day notes are priced at 6.24%. These rates reflect the current yield environment for short-term government securities.
Monetary Policy Function
Central bank notes serve as a key monetary policy instrument. They help manage liquidity within the banking system. The central bank uses them to regulate interest rates in the money market.
Banks and other investors purchase these instruments to earn returns. This mechanism allows the central bank to control the money supply. It provides an additional tool for financial stability in the market.






