CBI T-Bill Auction: June 5, 2012

Posted: June 7, 2012 in Iraqi Dinar/Politics
Tags: , , , , , , ,

The auction No. C60 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 5-6-2012.

The total public bidding is IQD 300’500’000’000 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 300’500’000’000
Pricing Uniform
Term of Security (days) 91
Settlement Date 6-6-2012
Maturity Date 5-9-2012
Competitive Bidders 5
Winning Bidder 5
Total Valid Competitive Bids 300’500’000’000
Total competitive Bids Awarded 150’010’000’000
Range of Yields for Valid Competitive Bids [4.30%-5.20%]
Cutoff Yield (%) 5.00
Bids Received as % of Amount Offered 200.33

Details of the auctions

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