CBI T-Bill Auction for July 3, 2012

Posted: July 4, 2012 in Iraqi Dinar/Politics
Tags: , , , , , ,

The auction No. C62 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 3-7-2012.

The total public bidding is IQD 261’000’000’000 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 261’000’000’000
Pricing Uniform
Term of Security (days) 91
Settlement Date 4-7-2012
Maturity Date 3-10-2012
Competitive Bidders 4
Winning Bidder 4
Total Valid Competitive Bids 261’000’000’000
Total competitive Bids Awarded 150’010’000’000
Range of Yields for Valid Competitive Bids [4.20%-5.10%]
Cutoff Yield (%) 5.00
Bids Received as % of Amount Offered 174.00

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