CBI Auction

[beau777]

Currency Auctions

Announcement No. (1877)

The latest daily currency auction was held in the Central Bank of Iraq on the 17-APR-2011. The results were as follows:

Details Notes Number of banks 13 Auction price selling dinar / US$ 1170 Auction price buying dinar / US$ ----- Amount sold at auction price (US$) 99,855,000 Amount purchased at Auction price (US$) ----- Total offers for buying (US$) 99,855,000 Total offers for selling (US$) -----

[tommyboy]

Only 13 banks today? WTH.

[Tropics]

I read that right before the RV we would see auctions under 100 million, so hopefully this is good news.

[Mack0121]

AAnybody know what the cash % is? That is a very low number...

[PacoTaco]

Hmm, Does Doc31 have his take on this yet!

[zaborniake]

Tropics, do you remember where you heard that?

[Crow]

I posted about no buy back price!!! Usually it's listed at 1168 buy back

DETAILS NOTES

Number of banks 13

Auction price selling dinar / US$ 1170

Auction price buying dinar / US$ -----

Amount sold at auction price (US$) 99,855,000

Amount purchased at Auction price (US$) -----

Total offers for buying (US$) 99,855,000

Total offers for selling (US$)

I don't remember ever seen that blank!!! I could be or I am wrong about that!!

[Ms.Bean]

I was wondering about this as well

[Perspective2011]

I too was wondering about the blank figures...

[lionfish]

The blanks...well that is normal. BUT! the amount auctioned is GREAT. We need it low..

COME ON RV!!

[Blessed4ever]

Yes, isnt it usually about double this number??

[Tropics]

I read it on here a few months ago that we could expect the auction numbers todrop below 100 million before the rv. Now why that would be I have no idea, but that is what was said.

[bazaardinar]

It's Sunday also. Typically low on Sundays, number of banks and volume

[hemecity]

Bought IQD, new 25k bills at the "GID Auctions" for $1,110/mil today. Why $60/mill less than CBI?