CBI Securities Auctions - Announcement Number (C141 ) 21-07-2015

[ronscarpa]

I'm a few days late in posting the latest CBI Securities Auction on 21 July 2015, since I was in Russia without internet...LOL..! Here's the data - soak it up .... RON   

 

 

CBI Securities Auctions

The Central Bank of Iraq issues CBI bills and has adopted a mechanism that will be applied periodically. The results will be announced at 11 am after the closing time of the auction which is at 10 am.


Announcement Number (C141 ) on 21-07-2015

The auction No. C141 for Central Bank of Iraq bills based on a uniform price auction for IQD 200,000,000,000.000 par value for the bills concluded on 21-07-2015.

The total public bidding is IQD 213,000,000,000.000 and the cut-off yield (the highest yield of the successful bidder) determined by the auction was 4.80%.



DETAILS (AMOUNT IN IRAQI DINARS) ------------ NOTES

Securities Offered ------------------------------------ Discount
Total Offering ----------------------------------------- 200,000,000,000.000
Total Public Bidding ----------------------------------- 213,000,000,000.000
Pricing ------------------------------------------------- Multiple
Term of Security (days) ------------------------------ 91
Settlement Date -------------------------------------- 22-07-2015
Maturity Date ----------------------------------------- 21-10-2015
Competitive Bidders ---------------------------------- 4
Winning Bidder ---------------------------------------- 4
Total Valid Competitive Bids ------------------------- 213,000,000,000.000
Total competitive Bids Awarded --------------------- 200,010,000,000.000
Range of Yields for Valid Competitive Bids --------- [4.20%-4.80%]
Cutoff Yield (%) --------------------------------------- 4.80
Average Competitive Yield --------------------------- 4.62
Bids Received as % of Amount Offered ------------- 106.50

[Wiljor]

Thanks Ron, much appreciated sir and hope you had a good trip.

[sandfly]

THANKS

[yota691]

Auction remittances

 

 

         

7/25/2015 0:00 

 BAGHDAD - morning 

regulated by the Central Bank on the fourth of August next live auction for the sale of Hawwalath of the 91-day amount emissivity 200 billion dinars. 

, it said a source at the bank "morning" that the auction to be held early next month, is a sixteenth of its kind within the central plan to sell Hawwalath for this year. 

He expressed his hope that the whole sale Asdarih to government agencies beneficiary which is due to take part in it. 

He noted that the central systems in the atheist and the twentieth of this month, the auction of a Hawwalath to order and Asdarih themselves and participated in it 4 beneficiaries. 

He has been in the auction Selling the full amount of Asdarih (200 billion dinars) at a price of multi-utility and the highest discount rate of 4.80 percent to three banks and the national retirement.

[yota691]

The central bank plans to put up for the benefit of financial bonds worth two billion dollars

 

Sunday July 26, 2015 15:32

 

 

 

 

 

Alsumaria News / Baghdad 
announced the central bank, Sunday, his intention to put up bonds for the benefit of the Ministry of Finance worth two billion dollars, and as pointed out that the bonds due and payable by the end of 2016, said it can be used as collateral for loans or facilities require collateral. The bank said in a statement received by Alsumaria News a copy of which he "will ask the delivery term bonds in dollars to the bearer on behalf of the Ministry of Finance, starting from the second of next August to 31 of the same month," adding that "Asdarih will be four categories (in 2500 and 10000 and 50000 and 100000) US dollars and the total amount of two billion dollar. "
 

 

 

The bank said it "will sell that amount in Iraqi dinars and the price of 1095 dinars per dollar and payable by the Ministry of Finance on December 31 2016 to be paid in dollars at maturity". and founded the Iraqi Central Bank independent bank under the law issued on the sixth of March of the year 2004, as an independent body, is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies are being daily for the sale and purchase of foreign currencies sessions except public holidays which stops by the Bank for these auctions.

Read more: http://dinarvets.com/forums/index.php?/topic/205876-the-central-bank-plans-to-put-up-for-the-benefit-of-financial-bonds-worth-two-billion-dollars/#ixzz3h0Iwf0H1

[ronscarpa]

Auction remittances

    

7/25/2015 0:00 - BAGHDAD - morning 

 

Thanks for posting YOTA ... (+1) It helps us understand what these Securities Auctions are for..!