CBI Treasury Bill Auction: March 13, 2012

Posted: March 15, 2012 in Iraqi Dinar/Politics
Tags: , , , , , , ,

The auction No. C54 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 13-3-2012.

The total public bidding is IQD 270’000’000’000 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 270’000’000’000
Pricing Uniform
Term of Security (days) 91
Settlement Date 14-3-2012
Maturity Date 13-6-2012
Competitive Bidders 5
Winning Bidder 4
Total Valid Competitive Bids 270’000’000’000
Total competitive Bids Awarded 150’000’000’000
Range of Yields for Valid Competitive Bids [5.00%-7.00%]
Cutoff Yield (%) 5.30
Bids Received as % of Amount Offered 180.00
Advertisements

Comments are closed.