The auction No. C56 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 10-4-2012.
The total public bidding is IQD 263’500’000’000 and the cut-off yield (the highest yield of the successful bidder) determined by the auction was 5.00%.
| DETAILS (AMOUNT IN IRAQI DINARS) | NOTES |
| Securities Offered | Discount |
| Total Offerings | 150’000’000’000 |
| Total Public Bidding | 263’500’000’000 |
| Pricing | Uniform |
| Term of Security (days) | 91 |
| Settlement Date | 11-4-2012 |
| Maturity Date | 11-7-2012 |
| Competitive Bidders | 6 |
| Winning Bidder | 5 |
| Total Valid Competitive Bids | 263’500’000’000 |
| Total competitive Bids Awarded | 150’020’000’000 |
| Range of Yields for Valid Competitive Bids | [4.00%-5.30%] |
| Cutoff Yield (%) | 5.00 |
| Bids Received as % of Amount Offered | 175.67 |
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