CBI T-Bill Auction Feb 14 2012

Posted: February 19, 2012 in Iraqi Dinar/Politics
Tags: , , , , , , ,

The auction No. C52 for Central Bank of Iraq bills based on a uniform price auction for IQD 150’000’000’000 par value was concluded on the 14-2-2012.

The total public bidding is IQD 426’000’000’000 and the cut-off yield (the highest yield of the  successful bidder) determined by the auction was 5.30%.


DETAILS (AMOUNT IN IRAQI DINARS) NOTES
Securities Offered Discount
Total Offerings 150’000’000’000
Total Public Bidding 426’000’000’000
Pricing Uniform
Term of Security (days) 91
Settlement Date 15-2-2012
Maturity Date 16-5-2012
Competitive Bidders 9
Winning Bidder 7
Total Valid Competitive Bids 426’000’000’000
Total competitive Bids Awarded 150’030’000’000
Range of Yields for Valid Competitive Bids [5.00%-7.00%]
Cutoff Yield (%) 5.30
Bids Received as % of Amount Offered 284.00
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