CBI T-Bill Auction for Oct 11, 2011

Posted: October 16, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

The auction No. C44 for Central Bank of Iraq bills based on a uniform price auction for IQD 100’000’000’000 par value  for the bills concluded on the 11-10-2011.

The total public bidding is IQD 180’010’000’000 and the cut-off yield (the highest yield of the  successful bidder) determined by the auction was 7.50%.

DETAILS (AMOUNT IN IRAQI DINARS) NOTES
Securities Offered Discount
Total Offerings 100’000’000’000
Total Public Bidding 180’010’000’000
Pricing Uniform
Term of Security (days) 91
Settlement Date 12-10-2011
Maturity Date 11-1-2012
Competitive Bidders 4
Winning Bidder 4
Total Valid Competitive Bids 180’010’000’000
Total competitive Bids Awarded 100’000’000’000
Range of Yields for Valid Competitive Bids [6.00%-7.50%]
Cutoff Yield (%) 7.50
Bids Received as % of Amount Offered 180.01
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