Auction CBI

Back Home Up

Up
Auction Financial
Auction CBI

*      Auction CBI:

Notice

        CBI decided to cancel the auction No. D 45 held on 29/4/2008  for period (182) days since the bid amounts submitted by the banks were very few

 

Act.counsellor                

                                                                                   Hassen - AL Haidary

Notice 

                                                               

          CBI decided to cancell the auction No D18 of 10/4/2007 since the bids  amount  of the participating  banks are very few comparing of the amount of the issuance .                             

                           

                                                                                                        D.G of Agreement & Loans                                                                                                                        10/4/2007

 

                                                                      Notice

                                                                

            CBI decided to cancel the auction No 5 of 1/4/2007 since the bids amount  of the participating  banks are very few comparing of the amount of the issuance  

           .        

                                                                          D.G of Agreement & Loans                                                       

 

Auction of CBI Bills

 Announcement Number(10)

The Central Bank of Iraq issued  CBI bills and adopted a mechanism to be applied on CBI bills auctions that will be held periodically, and the results will be announced at [ eleven a.m ]  after the closing time of the auction at [ ten a.m ] .                                                                                                            

The auction NO 10 for Central Bank of Iraq Bills based on a uniform price auction for ID 180.010.000.000  par value for the  bills  concluded on 01-07-08. The total Public bidding is ID 290.500.000.000 and the cut-off yield (the highest yield of a successful bidder) determined by the  auction was 17.30%

                                                       Hassan H.AL-Haidary

                                                                                             D.G. OF Agreements & Loans

Details (amount in Iraqi dinars)

Notes

Securities Offered

CBI bills

Initial Public Offering

180.010.000.000

Total Public Bidding 

290.500.000.000

Uniform or Multiple Price Auction

uniform

Term of Security

364  Days

Coupon

None

Settlement Date

07-02-08

Maturity Date

07-01-09

Competitive Bidders

3

Winning Bidders

3

Total Valid Competitive Bids

290.500.000.000

Total competitive Bids Awarded 

180.010.000.000

Range of Yields  of Valid Competitive Bids

[13.00%-18.00%]

Cutoff Yield ( Highest Yield of Successful Bidder )

17.30%

Bids Received as % of Amount Offered

161.38%

 

Details of Auctions

 

Auction of CBI Bills

 Announcement Number:D49

The Central Bank of Iraq issued CBI bills and adopted a mechanism to be applied on CBI bills auctions that will be held periodically, and the results will be announced at [eleven a.m]  after the closing time of the   auction at [ten a.m] .                                                                                                                                    

The auction No D4for Central Bank of Iraq Bills based on a uniform price auction for ID 200.010.000.000  par value for the bills concluded on 24-06-08. The total Puplic bidding is ID 387.000.000.000 and the cut-off yield (the highest yield of a successful bidder) determined by the auction was 17.80%

                                                                   Hassan H.AL-Haidary

                                                                                                      Act. Counsellor

 

Details (amount in Iraqi dinars)

Notes

Securities Offered

CBI bills

Initial Public Offering

200.010.000.000

Total Public Bidding 

387.000.000.000

Uniform or Multiple Price Auction

Uniform

Term of Security

182  Days

Coupon

None

Settlement Date

06-25-08

Maturity Date

12-24-08

Competitive Bidders

8

Winning Bidders

7

Total Valid Competitive Bids

387.000.000.000

Total competitive Bids Awarded 

200.010.000.000

Range of Yields  of Valid Competitive Bids

[15.00%-18.00%]

Cutoff Yield ( Highest Yield of Successful Bidder )

17.80%

Bids Received as % of Bids Awarded

193.49%

 

Details of Auctions

 

 

 

 

 

 

 
Back Home Up