nn

Auction of Islamic Certificates of Deposit CBI

» Government Securities Auctions (ICD115) for Issue IQCBIRICD115
The Central Bank of Iraq issued CBI ICD and adopted a mechanism to be applied on CBI ICD auction that will be held periodically, and the results will be announced at (eleven a.m.) after the closing time of the auction at (10:00 am.).
The auction no. ICD115 for Central Bank of Iraq ICD based on a Uniform price auction for IQD (50,000,000,000.000) par value for the ICD concluded on 6/8/2018.
The total public bidding is IQD (11,000,000,000.000) and the cut-off Morabaha Return (the highest Morabaha Return of the successful bid) determined by the auction was (0.70%)
Director General of Financial Operations & Debt Management
 
  Details:                                                                                         
Securities Offered
ICD
Commodity
Aluminum
Total Offering
50,000,000,000.000
Total Public Bidding
11,000,000,000.000
Pricing
Uniform
Term of Security (days)
14
Settlement Date
6/8/2018
Maturity Date
21/8/2018
Competitive Bidders
2
Winning Bidders
2
Total Valid Competitive Bids
11,000,000,000.000
Total Competitive Bids Awarded
11,000,000,000.000
Range of Yield (murabaha yield)
[% 0.70 - % 0.70]
Cut-off Yield (%)
0.70
Average Competitive Yield
0.70
Bids Received as % of Amount Offered
22.00
» Government Securities Auctions (ICD315) for Issue IQCBIRICD315
The Central Bank of Iraq issued CBI (ICD) and adopted a mechanism to be applied on CBI (ICD) auction that will be held periodically, and the results will be announced after the closing time of the auction.
Auction no. (ICD315) for Central Bank of Iraq based on a Uniform price, value of this Certificates (50,000,000,000.00) IQD and it was concluded on 4/11/2019.
Total Bidding was (33,000,000,000) IQD and cut-off price (Morabaha Return) of successful bid was (1.50%).
Director General of Financial Operations & Debt Management
                                                  Details:                                                                                
Securities Offered
ICD
Commodity
Aluminum
Total Offering
50,000,000,000
Total Public Bidding
33,000,000,000
Pricing
Uniform
Term of Security(days)
30
Settlement Date
5/11/2019
Maturity Date
5/12/2019
Competitive Bidders
2
Winning Bidders
2
Total Valid Competitive Bids
33,000,000,000
Total Competitive Bids Awarded
33,000,000,000
(Range of Yield (murabaha yield
[1.50% - 1.50%]
Cut-off Yield (%)
1.50
Average Competitive Yield
1.50
Bids Received as % of Amount Offered
66.00
» Government Securities Auctions (ICD604) for Issue IQCBIRICD604
The Central Bank of Iraq issued CBI (ICD) and adopted a mechanism to be applied on CBI (ICD) auction that will be held periodically, and the results will beannounced after the closing time of the auction.
The auction no. (ICD604) for Central Bank of Iraq (ICD) based on a Uniform price auction (100,000,000,000) IQD value for the (ICD) concluded on 26/8/2019.
Total Competitive Bids Awarded is IQD (13,770,000,000) the cut-off Morabaha Return (the Morabaha Return of the successful bid) determined by the auction was (2.00%).
Director General of Financial Operations & Debt Management
                                                  Details:
Securities Offered
ICD
Commodity
Aluminum
Total Offering
100,000,000,000
Total Public Bidding
13,770,000,000
Pricing
Uniform
Term of Security (days)
182
Settlement Date
27/8/2019
Maturity Date
25/02/2020
Competitive Bidders
1
Winning Bidders
1
Total Valid Competitive Bids
13,770,000,000
Total Competitive Bids Awarded
13,770,000,000
Range of Yield (murabaha yield)
[1.90% - 2.00%]
Cut-off Yield (%)
2.00
Average Competitive Yield
1.90
Bids Received as % of Amount Offered
13.77
» Government Securities Auctions (ICD801) for Issue IQCBIRICD801
The Central Bank of Iraq issued CBI (ICD) and adopted a mechanism to be applied on CBI (ICD) auction that will be held periodically, and the results will be
announced after the closing time of the auction.
The auction no. (ICD801) for Central Bank of Iraq (ICD) based on a Uniform price auction for IQD (100,000,000,000.000) par value for the (ICD) concluded on 19/11/2018.
The total public bidding is IQD (1,000,000,000.000) and the cut-off Morabaha Return (the highest Morabaha Return of the successful bid) determined by the auction was (0.70%)
Director General of Financial Operations & Debt Management
                                                 Details:                                                                                
Securities Offered
ICD
Commodity
Plastic
Total Offering
100,000,000,000.000
Total Public Bidding
1,000,000,000.000
Pricing
Uniform
Term of Security (days)
365
Settlement Date
21/11/2018
Maturity Date
21/11/2019
Competitive Bidders
1
Winning Bidders
1
Total Valid Competitive Bids
1,000,000,000.000
Total Competitive Bids Awarded
1,000,000,000.000
Range of Yield (murabaha yield)
[% 0.70 - % 0.70]
Cut-off Yield (%)
0.70%
Average Competitive Yield
0.70
Bids Received as % of Amount Offered
1.00
» Government Securities Auctions (ICD406) for Issue IQCBIRICD406
The Central Bank of Iraq issued CBI (ICD) and adopted a mechanism to be applied on CBI (ICD) auction that will be held periodically, and the results will be announced after the closing time of the auction.
The auction no. (ICD406) for Central Bank of Iraq (ICD) based on a Uniform price auction for IQD (50,000,000,000) par value for the (ICD) concluded on 21/10/2019.
The total Competitive Bids Awarded is IQD (40,000,000,000) the cut off Morabaha Return (the Morabaha Return of the successful bid) determined by the auction was (1.70%)
Director General of Financial Operations & Debt Management
                                                         Details:                                                                              
 
Securities Offered
ICD
Commodity
Plastic
Total Offering
50,000,000,000
Total Public Bidding
40,000,000,000
Pricing
Uniform
Term of Security (days)
91
Settlement Date
22/10/2019
Maturity Date
21/01/2020
Competitive Bidders
2
Winning Bidders
2
Total Valid Competitive Bids
40,000,000,000
Total Competitive Bids Awarded
40,000,000,000
(Range of Yield (murabaha yield
[1.40% - 1.70%]
Cut-off Yield (%)
1.70
Average Competitive Yield
1.48
Bids Received as % of Amou
80.00
» Government Securities Auctions (ICDU902) for Issue IQCBIRICDU902
The Central Bank of Iraq issued CBI (ICD) and adopted a mechanism to be applied on CBI (ICD) auction that will be held periodically, and the results will be announced after the closing time of the auction.
The auction no. (ICDU902) for Central Bank of Iraq (ICD) based on a Uniform price auction for (100,000,000.00) USD value for the (ICD) concluded on 15/7/2019.Total Competitive Bids Awarded is (33,000,000.00) USD and the cut-off Morabaha Return (the Morabaha Return of the successful bid) determined by the auction was (2.00%).
Director General of Financial Operations & Debt Management
                                                      Details:                                                                           
Securities Offered
ICD
Commodity
Aluminum
Total Offering
100,000,000.00
Total Public Bidding
33,200,000.00
Pricing
Uniform
Term of Security(days)
182
Settlement Date
16/7/2019
Maturity Date
14/1/2020
Competitive Bidders
2
Winning Bidders
2
Total Valid Competitive Bids
33,200,000.00
Total Competitive Bids Awarded
33,000,000.00
Range of Yield (murabaha yield)
[1.80% - 2.50%]
Cut-off Yield (%)
2.00
Average Competitive Yield
1.86
Bids Received as (%) of Amount Offered
33.20