Auction Results
CBI decided on 17/Oct/2017 to perform public auction No.(C167) to sell CBI Securities for (91) days and for (100) Billion IQD, the remittance was sold for (40) Billion IQD with multiple interest price and with the highest cut off price (1.5%), The number of participant was (5), Four banks won the offered amounts.
Central Bank of Iraq
October/2017
Auction distills
C167 |
No. of Auction |
17/10/2017 |
Data of Auction |
100.000 |
Issue Amount |
91 |
Term of Security (in days) |
17/1/2018 |
Maturity Date |
5 |
No. of competitive bidders |
4 |
Winning bidders |
50,000 |
Total valid competitive bids |
40,000 |
Total competitive awarded |
50.00% |
Cover ratio |
1.50% - 2.00 % |
Bid rang yields |
1.50% |
Cut off yield |
39,851 |
Total payment Due |
40,000 |
Amount sold |