Auction number HY40 of government debt securities was a uniform price auction for IQD 100,000,000,000 par value of bills which concluded on 14-05-2012.
Total public IQD 201,000,000,000 Valid competitive bids totaled IQD 200,000,000,000 and valid non competitive bids totaled IQD 1,000,000,000 and The cut off yield (the highest yield of a successful bidder) determined by auction was 5.00%.
|DETAILS (AMOUNTS IN IRAQI DINARS)||NOTES|
|Total Public Bidding||201,000,000,000|
|Term of Security (days)||182|
|Total Non-Competitive Bids Awarded||1,000.000,000|
|Total Valid Competitive Bids||200,000,000,000|
|Total competitive Bids Awarded||99,010,000,000|
|Range of Yields of Valid Competitive Bids||[5.00%-5.60%]|
|Cut off Yield||5.00|
|Bids Received as % of Amount Offered||201.00|