Central Bank Bills Invitation
WEEK ENDING: 03rd JULY, 2020 CENTRAL BANK BILLS AUCTION – INVITATION TO BID AUCTION
NUMBER: CB20/07/1-03
AMOUNT OFFERED ON AUCTION: K102.100 “MILLION”
| Terms | 28 Days | 63 Days | 91 Days | 182 Days | 364 Days |
| Weighted Average Rates(%) | 1.38 | 0.00 | 2.44 | 0.00 | 0.00 |
| Amount on offer (Kina) Million | 62.100 | 0.000 | 40.000 | 0.000 | 0.000 |
| Settlement Date | 03-JUL-20 | 03-JUL-20 | 03-JUL-20 | 03-JUL-20 | 03-JUL-20 |
| Maturity Date | 31-JUL-20 | 04-SEP-20 | 02-OCT-20 | 31-DEC-20 | 02-JUL-21 |
Total Maturity for this week is K102,000,000 of which Ko is Tap maturity. Bids for the auction by non-registered bidders must be delivered to us accompanied by a BANK CHEQUE no later than 11:00am Thursday, 02nd of JULY 2020.
For registered bidders, we will confirm to you by fax the result of the auction and expect for settlement, a bank cheque by 1:00pm Friday, 03rd of JULY 2020.
The Auction is opened until 11:00am on Thursday 02nd of JULY 2020. For Registered Bidders settlement must be no later than 1:00pm Friday, 03rd of JULY 2020. Loi M Bakani, CMG GOVERNOR Bank of Papua New Guinea