CBI Auctions

The 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.

Cancel the auction Announcement No.(C109 )

CBI decided to cancel the auction No.(C109) for period (91) days which is supposed to be held in 29/4/2014, Because of the Parliamentary Elections holiday.

Announcement Number (C121 )14-Oct-2014

The auction No. C121 for Central Bank of Iraq bills based on a uniform price auction for IQD 200,000,000,000 par value for the bills  concluded on 14-10-2014.

The total public bidding is IQD 84,000,000,000 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
Total Public Bidding 84,000,000,000
Pricing Multiple
Term of Security (days) 91
Settlement Date 15-10-2014
Maturity Date 14-01-2015
Competitive Bidders 2
Winning Bidder 2
Total Valid Competitive Bids 84,000,000,000
Total competitive Bids Awarded 84,000,000,000
Range of Yields for Valid Competitive Bids [4.90%-5.00%]
Cutoff Yield (%) 5.00
Average Competitive Yield 4.99
Bids Received as % of Amount Offered 42.00

 

Details of the auctions

 

Announcement Number (D91) 02-FEB-2010

The auction No. D91  for Central Bank of Iraq bills based on a uniform price auction for IQD 100,000,000,000 par value concluded on the 02-02-2010.

The total public bidding is IQD 226,850,00,000 and the cut-off yield (the highest yield of a successful bidder) determined by the auction was 5.50%.

Details (amount in Iraqi Dinars) Notes
Securities Offered Discount
Total Offerings 100,000,000,000
Total Public Bidding 226,850,000,000
Pricing Uniform
Term of Security (days) 182
Settlement Date 03-02-2010
Maturity Date 04-08-2010
Competitive Bidders 3
Winning Bidder 2
Total Valid Competitive Bids 226,850,000,000
Total competitive Bids Awarded 100,000,000,000
Range of Yields for Valid Competitive Bids [4.80%-6.60%]
Cutoff Yield (%) 5.50
Bids Received as % of Amount Offered 226.85

Details of the auctions

Schedule an auction of the bank transfers the forward (91) day

Note: all dates above are in DD-MM-YYYY