CBI T-Bill Auction Feb 28, 2012

Posted: February 29, 2012 in Iraqi Dinar/Politics
Tags: , , , , , , ,

The auction No. C53 for Central Bank of Iraq bills based on a uniform price auction for IQD 150’000’000’000 par value for the bills  concluded on 28-2-2012.

The total public bidding is IQD 292’500’000’000 and the cut-off yield (the highest yield of the  successful bidder) determined by the auction was 5.10%.


DETAILS (AMOUNT IN IRAQI DINARS) NOTES
Securities Offered Discount
Total Offerings 150’000’000’000
Total Public Bidding 292’500’000’000
Pricing Uniform
Term of Security (days) 91
Settlement Date 29-2-2012
Maturity Date 30-5-2012
Competitive Bidders 6
Winning Bidder 5
Total Valid Competitive Bids 292’500’000’000
Total competitive Bids Awarded 150’030’000’000
Range of Yields for Valid Competitive Bids [4.80%-6.00%]
Cutoff Yield (%) 5.10
Bids Received as % of Amount Offered 195.00
Advertisements

Comments are closed.