ronscarpa Posted February 22, 2015 Report Share Posted February 22, 2015 (edited) Could these have been LD's in preparation for their Monetary Reform Rollout...? I'm not sure it this was posted...I couldn't find it if it was.....RON CBI Announcement Number (C129 ) 03-02-2015 The auction No. C129 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 03-02-2015. The total public bidding is IQD 247,760,000,000.000 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 Offering .........................................................200,000,000,000.000 Total Public Bidding ................................................247,760,000,000.000 Pricing ....................................................................Multiple Term of Security (days) ..........................................91 Settlement Date ......................................................04-02-2015 Maturity Date ..........................................................06-05-2015 Competitive Bidders ................................................4 Winning Bidder ........................................................4 Total Valid Competitive Bids ...................................247,760,000,000.000 Total competitive Bids Awarded ..............................200,060,000,000.000 Range of Yields for Valid Competitive Bids .............[4.80%-5.00%] Cutoff Yield (%) .......................................................5.00 Average Competitive Yield ......................................4.99 Bids Received as % of Amount Offered ..................123.88 Interesting...???? Edited February 22, 2015 by ronscarpa 4 Link to comment Share on other sites More sharing options...
gregp Posted February 22, 2015 Report Share Posted February 22, 2015 Dang Ron. Good find. That's a lot of dinar. Link to comment Share on other sites More sharing options...
wbuse984 Posted February 22, 2015 Report Share Posted February 22, 2015 Thanks Ron for the post, interesting to have Adam look at this one...perhaps they are the LD's... Link to comment Share on other sites More sharing options...
Deb45 Posted February 22, 2015 Report Share Posted February 22, 2015 Wonder how long it's gonna take them to get tired of putting down all those zeros? Link to comment Share on other sites More sharing options...
Markinsa Posted February 22, 2015 Report Share Posted February 22, 2015 No, sorry Ron, this auction was for 90 Day Treasury Bills, or "T-Bills". They've had 3-4 of these in the last couple of months. They show up on the KFI Spreadsheets. - 2 Link to comment Share on other sites More sharing options...
wbuse984 Posted February 22, 2015 Report Share Posted February 22, 2015 Thanks for the clarification Markinsa buddy... Link to comment Share on other sites More sharing options...
captl1 Posted February 22, 2015 Report Share Posted February 22, 2015 Thanks Mark. Link to comment Share on other sites More sharing options...
Officiallytook Posted February 22, 2015 Report Share Posted February 22, 2015 Ohhhssshhhiieett!!! =) Link to comment Share on other sites More sharing options...
SnowGlobe7 Posted February 22, 2015 Report Share Posted February 22, 2015 bump Link to comment Share on other sites More sharing options...
sandfly Posted February 23, 2015 Report Share Posted February 23, 2015 THANKS Link to comment Share on other sites More sharing options...
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