MOF Auctions
The Ministry of Finance is authorized under the “Public Debt Law” to issue obligations guaranteed by the government of Iraq. The Central Bank of Iraq, as fiscal agent of the Ministry of Finance is authorized to conduct auctions for government debt securities on behalf of the Ministry of Finance. The Ministry of Finance issues government debt securities to finance the government of Iraq, subject to the limits of the “Annual Budget Law”.
To achieve this financing objective, the Ministry of Finance determined a system and mechanism for government debt securities auctions that will be held periodically, with the results announced at 11 am in the morning after the close of the auction at 10 am.
Announcement to cancel auction (HY23) 4-APR-2011
Please be informed that the Ministry of Finance canceled the auction T/b No. (HY23) dated 4-4-2011.
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