Auction number HY42 of government debt securities was a uniform price auction for IQD 100,000,000,000 par value of bills which concluded on 16-07-2012.
Total public IQD 131,000,000,000 Valid competitive bids totaled IQD 129,500,000,000 and valid non competitive bids totaled IQD 1,500,000,000 and The cut off yield (the highest yield of a successful bidder) determined by auction was 4.70%.
|DETAILS (AMOUNTS IN IRAQI DINARS)||NOTES|
|Total Public Bidding||131,000,000,000|
|Term of Security (days)||182|
|Total Non-Competitive Bids Awarded||1,500.000,000|
|Total Valid Competitive Bids||129,500,000,000|
|Total competitive Bids Awarded||98,500,000,000|
|Range of Yields of Valid Competitive Bids||[3.80%-5.30%]|
|Cut off Yield||4.70|
|Bids Received as % of Amount Offered||131.00|