CBI Securities Auctions - Announcement Number (C150 ) 24 November 2015

[ronscarpa]

CBI 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 (C150)24-11-2015

 

The auction No. C150 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 24-11-2015.

 

The total public bidding is IQD 151,750,000,000.000 and the cut-off yield (the highest yield of the  successful bidder) determined by the auction was 4.50%.

 

 

DETAILS (AMOUNT IN IRAQI DINARS)         NOTES

 

Securities Offered                                        Discount

Total Offering                                               200,000,000,000.000

Total Public Bidding                                     151,750,000,000.000

Pricing                                                          Multiple

Term of Security (days)                                91

Settlement Date                                           25-11-2015

Maturity Date                                               24-02-2016

Competitive Bidders                                     6

Winning Bidder                                             6

Total Valid Competitive Bids                         151,750,000,000.000

Total competitive Bids Awarded                    151,750,000,000.000

Range of Yields for Valid Competitive Bids    [4.00%-4.50%]

Cutoff Yield (%)                                             4.50

Average Competitive Yield                            4.23

Bids Received as % of Amount Offered        75.88

Edited November 27, 2015 by ronscarpa

[ronscarpa]

Refer to 11/26/2015 Post:

 

http://dinarvets.com/forums/index.php?/topic/211943-new-cbi-announcement-11262015/

[sandfly]

THANKS

[yota691]

151.75 billion dinars auction results remittances

 

 

         

11/28/2015 0:00 

BAGHDAD Mustafa al-Hashimi 
regulated by the Central Bank on the eighth of next month, a live auction for the sale of Hawwalath for 91 days at $ 200 billion dinars. A source »Sabah» that the auction scheduled for carry figure c151 which the auction twenty-fifth of its kind within the central plan to issue Hawwalath this year. 
 He noted that the last auction of Central remittances will be in the twenty-second of the month this December, hoping to be Asdarih full amount of the sale to those who will participate in it. In the same context, the Central announced the results of an auction Hawwalath which was held in the twenty-fourth of this month, indicating that it was selling remittances at $ 151 billion and 750 million dinars out of Asdarih amount (200 billion dinars) and the price of a multi-utility and the highest discount rate (4.50 percent).
He noted The total number of 6 participants representing five banks and the Department of care of minors, where they won the amounts they gave. 

Thanks Ron...

[ronscarpa]

 Thanks YOTA691, another good find...(+1) 

It appears that your article is telling us when the next, and final such Auction of the year, will be held:

 

A source »Sabah» that the auction scheduled for carry figure c151 which the auction twenty-fifth of its kind within the central plan to issue Hawwalath this year. 

 He noted that the last auction of Central remittances will be in the twenty-second of the month this December, hoping to be Asdarih full amount of the sale to those who will participate in it. 

[gregp]

Merry Christmas!

[10 YEARS LATER]

Does this mean what I dare to think it means ? The light at the end of the tunnel is NOT a Train . . . 

[yota691]

Here another article that shows amount sold ..from 11/03/2015 

Auction Central remittances

 

 

         

3/11/2015 0:00 

BAGHDAD Mustafa al-Hashimi 
 regulated by the central bank on the tenth of this month, a live auction for the sale of Hawwalath of the 91-day at $ 200 billion Danar.ozkr source in the bank »Sabah» that this auction is the twenty-third of its kind and holds a number c149 within the central plan to issue Hawwalath this year which includes the establishment of 26 the auction of a Hawwalath with term 91 Aoma.oadav that the maturity date will be the tenth of the month of February next year where a term expiring Alajl.erb source expressed hope that the full amount of Asdarih sale of beneficiary entities that will participate in the auction. 
In the same context The central bank announced the results of an auction sale Hawwalath of the 91-day and which systems in the twenty-seventh of last month. 
A statement of the bank that during the auction sale of the full amount of Asdarih (200 billion dinars) to 6 out of seven beneficiaries participated in the auction, adding that the sale Asdarih was at a multi-utility, and the highest discount rate stood at 4.20 percent. 
He said the total number of participants in the auction totaled seven points won 6 of which are represented by five banks and the Department of care of minors amounts provided. 
According to a private «morning» the statistical total amount of remittances sold more than 3 trillion dinars of the total of the planned five trillion dinars for this year, noting that the central has not announced the results of auctions numbered c138 and c146.

Read more: http://dinarvets.com...4#ixzz3smzTN9zu

Read more: http://dinarvets.com/forums/index.php?/topic/211943-new-cbi-announcement-11262015/#ixzz3stj0Oc8W