New auction of treasury remittances next June
New auction of treasury remittances next June
5/30/2017 0:00
Baghdad / Mustafa al – Hashemi
regulates the central bank in the atheist and the month of June next public auction for the sale of treasury transfers for the annual 364 days, the Ministry of Finance within the domestic borrowing plan for the current year.
The Central Bank, as a financial agent of the ministry manages auctions transfers based on the law of
public debt, which authorized the Ministry of
Finance issued treasury remittances are guaranteed by the government for the purposes of government funding to fill the temporary part of the deficit in the general budget for Iraq.
The source said the “morning” that the value of Asdarih for these bonds amounting to 200 billion dinars, indicating that this auction will be the fifth of its kind within the Ministry of Finance plan to issue treasury transfers for the current year.
It is hoped the full amount of the sale Asdarih to the beneficiary parties that will participate in the auction and retirement care circles and minors as well as a number of other banks.
In the same context , the central bank announced the results of the auction of treasury transfers for the annual 364 days , which was held last Wednesday at $ 200 billion dinars emissivity.
The statement said that the auction resulted in the sale of the full amount of Asdarih and the highest price cut competitive auctions 4 percent and the average yield of 4 percent to 6 participants also did not identify won 4 of them offers they have made.
The Ministry of Finance plan to issue treasury transfers to internal borrowing in 2017 include the establishment of 11 public auction, two of them in the amount of 100 billion dinars and the remaining $ 200 billion dinars in order to fill the temporary deficit in the general budget.
alsabaah.iq