ronscarpa Posted October 20, 2015 Report Share Posted October 20, 2015 CBI Securities Auctions - Announcement Number (C147) 13-Oct-2015 This Auction was posted on the CBI Website on Tuesday, 20 Oct 2015...Ron CBI AuctionsThe 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 (C147 )13-10-2015The auction No. C147 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 13-10-2015.The total public bidding is IQD 306,500,000,000.000 and the cut-off yield (the highest yield of the successful bidder) determined by the auction was 4.30%.DETAILS (AMOUNT IN IRAQI DINARS) ----------- NOTESSecurities Offered DiscountTotal Offering 200,000,000,000.000Total Public Bidding 306,500,000,000.000Pricing MultipleTerm of Security (days) 91Settlement Date 14-10-2015Maturity Date 13-01-2016Competitive Bidders 7Winning Bidder 7Total Valid Competitive Bids 306,500,000,000.000Total competitive Bids Awarded 200,040,000,000.000Range of Yields for Valid Competitive Bids [4.00%-4.50%]Cutoff Yield (%) 4.30Average Competitive Yield 4.20Bids Received as % of Amount Offered 153.25 3 Link to comment Share on other sites More sharing options...
EagleEye Posted October 20, 2015 Report Share Posted October 20, 2015 hmmmm ok financial guys what does this mean if anything ?? Link to comment Share on other sites More sharing options...
sandfly Posted October 21, 2015 Report Share Posted October 21, 2015 THANKS Link to comment Share on other sites More sharing options...
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