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CBI News 05/14/2018


yota691
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 May 14, 2018
Auction results announcement (for sale of money transfers)

 

The Ministry of Finance approved the auction of Y39 for the sale of treasury bills for the period (364) days and the amount of (100) billion dinars (100 billion dinars only) has been sold the amount of the issuance in full, and the highest price of competitive auctions (3.50% ) And the average yield (3.20%) was the number of participants (6) have won (4) banks with the offers they submitted.

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 Banks


Economy News _ Baghdad

The Central Bank of Iraq announced on Monday the purchase of four banks funds transfers of 100 billion dinars.

A statement issued by the Central Bank and received "Economy News" a copy of it, "The Ministry of Finance conducted an auction publicly to sell treasury remittances for 364 days and the amount of 100 billion dinars."

The statement added that "cut the highest price for competitive auctions 3.50%," noting that "four banks bought remittances from six banks participating."


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Monday 14 May

 

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Alsumaria News / Baghdad
The Central Bank of Iraq , on Monday, the purchase of four banks funds transfers in the amount of 100 billion dinars. 

A statement issued by the Central Bank and received by Alsumaria News a copy of it, "The Ministry of Finance conducted a public auction for the sale of treasury remittances for 364 days and the amount of 100 billion dinars." 

The statement added that "cut the highest price for competitive auctions 3.50%," noting that "four banks bought remittances from six banks participating."

 

 


The Central Bank of Iraq was established as an independent institution under its law of 6 March 2004 as an independent body responsible for maintaining price stability and implementing monetary policy, including exchange rate policies, managing foreign reserves, issuing and managing currency, A competitive and independent financial institution.

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To all banks and authorized transfer companies amended the filing of RGTS in order to make it fairer, more accurate, or more up-to-date by May 20-21/2018.

 

Real Time Gross Settlement (RTGS) is an electronic form of funds transfer where the transmission takes place on a real time basis.

 

Go CBI

Go Real time

Go international 

Go dinar real value

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2 hours ago, Laid Back said:

To all banks and authorized transfer companies amended the filing of RGTS in order to make it fairer, more accurate, or more up-to-date by May 20-21/2018.

 

Real Time Gross Settlement (RTGS) is an electronic form of funds transfer where the transmission takes place on a real time basis.

 

Go CBI

Go Real time

Go international 

Go dinar real value

Thanks Laid Back, I am thinking - Hmmmmmmmm

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1 hour ago, ChuckFinley said:

Thanks Laid Back, I am thinking - Hmmmmmmmm

ChuckF,  they have a deadline to meet the CBI requirements. 

The CBI is getting the Iraqi banking system ready to go international

Getting closer to see the real market value

 

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20 minutes ago, Laid Back said:

ChuckF,  they have a deadline to meet the CBI requirements. 

The CBI is getting the Iraqi banking system ready to go international

Getting closer to see the real market value

 

Looking forward to that day.

Edited by ChuckFinley
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14 minutes ago, Laid Back said:

ChuckF,  they have a deadline to meet the CBI requirements. 

The CBI is getting the Iraqi banking system ready to go international

Getting closer to see the real market value

 

+1 

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