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Auction Results Announcement (ICD407) for the sale of Islamic certificates of deposit

January 29, 2020
Auction Results Announcement (ICD407) for the sale of Islamic certificates of deposit



Central bank of Iraq announced on 27 January ,2020 auction No.(ICD407) to sell Islamic Certificates of Deposit  for (91) days and for (50) Billion IQD, The Certificates sold were (40) Billion IQD with uniform price and Morabaha return was (1.70%),  Number of participants were (2) Banks they won the offered amounts.