A new auction for the central bank to sell treasury bills next Wednesday

[yota691]

A new annual auction to sell treasury transfers

23/10/2017 12:00 am  BAGHDAD / Al-Sabah  The Central Bank is to organize a special auction for the sale of treasury bills at the Ministry of Finance in the amount of 200 billion dinars for the 364-day period, as part of the internal borrowing plan for the current year announced by the ministry.  The central bank, as the financial agent of the ministry, manages remittance auctions based on the Public Debt Act, which authorizes the Ministry of Finance to issue treasury transfers guaranteed by the government for government funding purposes to meet part of the temporary deficit in the general budget of Iraq.  According to an informed source, it is hoped to sell the full amount of the issuances to the parties that will participate in the auction such as retirement and social welfare and care of minors.  In addition, the Ministry of Finance held a public auction of auction Y35 for the sale of treasury bills for 364 days and 200 billion dinars. According to a statement by the Central Bank, the total amount of the issuance was sold at the highest competitive auction rate of 4% and the average yield was 3.87%. The number of participants was 6 which won the offers.  The Ministry of Finance announced at the beginning of the year its plan for the year 2017 on internal borrowing to issue treasury transfers through auctions supervised by the Central.  The plan included the establishment of 11 auctions annually to sell treasury transfers the value of each auction 200 billion dinars, except for two auctions of 100 billion dinars, according to a bulletin of the ministry in this regard.

[Big_J]

GE YOTA AND DV. BUMP!

[yota691]

Advertising Auction Results

 

 October 23, 2017

 

The Ministry of Finance approved on 18/10/2017 a public auction for the auction of Y36 for the sale of remittances of the treasury for the period (364) days and the amount of (400) billion dinars (200 billion dinars only) has been sold the amount of the full and the highest price of competitive auctions (4% ) And the average yield (3.35%). The number of participants was (5) and the banks won (4) bids.

[yota691]

A new auction for the central bank to sell treasury bills next Wednesday

 

 Since 2017-10-23 at 16:25 (Baghdad time)

Baghdad Mawazine News

The Central Bank announced on Monday the organization of an auction on the twenty-fifth of this month to sell treasury remittances of the Ministry of Finance with an amount of 200 billion dinars for the annual term 364 days under the domestic borrowing plan for the current year announced by the ministry.

The Central Bank said in a statement that it will "finance the auctions of remittances based on the Public Debt Law, which authorized the Ministry of Finance to issue treasury transfers guaranteed by the government for the purposes of government funding to fill part of the temporary deficit in the general budget of Iraq "He said.

He added that it is hoped to sell the full amount of issuances to the parties that will participate in the auction such as retirement and social welfare and care of minors.

[skeetdog]

Thanks Yota...These auctions for treasury bills are getting eaten up by the world fast than a duck on a junbug...

[bostonangler]

15 minutes ago, skeetdog said:

Thanks Yota...These auctions for treasury bills are getting eaten up by the world fast than a duck on a junbug...

 

Is that good or bad?? LOL

 

B/A

[gregp]

The perpetual vacuum

[SnowGlobe7]