Central Bank Bills Invitation
WEEK ENDING: 20th MAR, 2020 CENTRAL BANK BILLS AUCTION – INVITATION TO BID AUCTION
AMOUNT OFFERED ON AUCTION: K439.500 “MILLION”
|Terms||28 Days||63 Days||91 Days||182 Days||364 Days|
|Weighted Average Rates(%)||1.39||2.30||0.00||0.00||0.00|
|Amount on offer (Kina) Million||430.500||9.000||0.000||0.000||0.000|
Total Maturity for this week is K439,500,000 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 Wednesday, 18th of MAR 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, 20th of MAR 2020.
The Auction is opened until 11:00am on Wednesday 18th of MAR 2020. For Registered Bidders settlement must be no later than 1:00pm Friday, 20th of MAR 2020. Loi M Bakani, CMG GOVERNOR Bank of Papua New Guinea