Central Bank Bills Invitation

WEEK ENDING: 25th SEPT, 2020 CENTRAL BANK BILLS AUCTION – INVITATION TO BID AUCTION

NUMBER: CB20/09/4-25 

AMOUNT OFFERED ON AUCTION: K55.000 “MILLION”

Terms 28 Days 63 Days 91 Days 182 Days 364 Days
Weighted Average Rates(%) 1.37 0.00 0.00 0.00 0.00
Amount on offer (Kina) Million 55.00 0.000 0.000 0.000 0.000
Settlement Date 25-SEP-20 25-SEP-20 25-SEP-20 25-SEP-20 25-SEP-20
Maturity Date 23-OCT-20 27-NOV-20 24-DEC-20 26-MAR-21 24-SEP-21

Total Maturity for this week is K55,000,000 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, 24th of SEPT 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, 25th of SEPT 2020.

The Auction is opened until 11:00am on Thursday 24th of SEPT 2020. For Registered Bidders settlement must be no later than 1:00pm Friday, 25th of SEPT 2020. Loi M Bakani, CMG GOVERNOR Bank of Papua New Guinea

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